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401k participant, 73, died Oct 2021 Wasn’t taking RMD (non 5% owner’ using “still; working exception rule) Surviving spouse, 63,...

Can you tell me if someone chooses to directly receive the dividends from a company Roth 401K ESOP ( Employee...

Just when we thought we understood the new IRS regulations on required minimum distributions (RMDs), here comes more uncertainty. As we have reported, the IRS threw everyone a curveball with its interpretation of the 10-year payout rule under the SECURE Act in its proposed regulations issued on February 23. For most non-spouse beneficiaries, the SECURE Act replaced the life expectancy payout rule (also known as the “stretch IRA”) with a new 10-year rule. It is clear that the 10-year rule requires that the entire IRA account be emptied by December 31 of the 10th year following the year the IRA owner died.

#1: Person died in 2021 leaving workplace death benefit to be paid out to 3 beneficiaries 34/33/33%. Beneficiary #1 34%...

Husband passed away 2022 age 59 Wife age 55 as beneficiary Verifying the wife can Rollover the beneficiary 401k account...

My 85 year old client received her 2022 RMD as scheduled last month. Federal taxes of 20% were withheld. Subsequently...

Here are the facts: IRA owner died in 2007 after his RBD. The beneficiary of the IRA was not an...

Qualified charitable distributions (QCDs) continue to gain popularity, and with that popularity comes more questions. Here are a dozen QCD facts that will keep you on the straight-and-narrow with your QCD transactions:

5 years ago I purchased what I thought was an unqualified annuity and funded it with $100,000 from my checking...