Rethinking Inherited IRAs

11:40 AM - 12:40 PM
Due to the SECURE Act, most retirement plan and IRA beneficiaries – such as most adult children –won’t be able to “stretch” their inherited values over their remaining life expectancy. While many may not experience a problem with this, as retirement plans grow in value, “stretch” elimination may result in increased income taxes for beneficiaries. Advisors need to understand how to plan for these tax changes to help clients minimize their impact.

Learning Objectives:
• Learn how recent legislative changes due to the SECURE Act of 2019 mean inherited retirement plans will be required to liquidate sooner and perhaps at higher tax rates than previous rules
• Understand how transfer planning becomes even more important as trillions of fully taxable retirement plans will be changing hands from aging households to beneficiaries and charities
• Walk away with alternative transfer strategies that can help your clients transfer assets more efficiently to their beneficiaries or charities

This session is sponsored by Allianz Life Insurance Company of North America.
Watch for all the details coming on NAPFA 2022 Events