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The topic of qualified charitable distributions (QCDs) is one we have written about several times here in The Slott Report, most recently last December. Well, it’s time to write about it again as the legislation that allows QCDs is due to expire at the end of this year, absent an extension enacted by Congress. Thus, if you are or will be age 70 ½ or older by December 31, 2011, you definitely need to be aware of QCDs.

This week at The Slott Report, we will cover several important topics with upcoming deadlines. Below is the schedule of articles, and make sure to view our Instant IRA Success Roundtable Videos posted below and at our YouTube page.

What distributions can you take from an employer-based retirement plan? We get this question all the time and the answer is always the same.

Welcome to Ed Slott's 2-Day IRA Workshop, Instant IRA Success, at the Arizona Biltmore Resort and Spa in Phoenix, Arizona. We look forward to seeing all attendees tomorrow morning!

We have written many times on the importance of completing and filing a designated beneficiary form for all of your IRAs. If no designated beneficiary form is filed with your IRA custodian, or if one cannot be located, the identity of your beneficiary will be governed by default language contained in the IRA agreement, if any. Leaving to chance what may be the most critical aspect of your family’s financial future is not a smart planning move.

You are going to see a lot of information on the recharacterization deadline for 2010 Roth conversions, which is rapidly approaching, so you should be able to figure out what you need to do to accomplish a recharacterization. I want to answer the most crucial question for you, the one that confuses many people, and the one that is left out of most articles. When the form says how much do you want to recharacterize, what do you put down?

Click to read 3 things you need to know about Roth recharacterizations.

Approaching as quickly as a Caribbean hurricane is October 17, 2011, the day of reckoning for undoing 2010 Roth conversions. A recharacterization means reversing your Roth IRA conversion as if it never happened. Once this date passes, most individuals who made 2010 conversions that they did not recharacterize will be irrevocably locked into them as well as their accompanying tax bills.

We have written several times about the various aspects of naming a trust as beneficiary of an IRA. We have indicated when it would be appropriate to do so, as well as defined the complexities involved with such an undertaking.

Your client, prospect or you are jittery because of today's extremely volatile markets. He decides to move some of his IRA money to another investment. In order to do this, he decides to take a distribution of some of his IRA money to move to another custodian, perhaps a self-directed IRA custodian. But with the swings in the market he gets nervous that he might miss out on the upside while he is waiting for the paperwork to be processed for the new IRA. So he uses his IRA money, while it is outside of the IRA, to purchase his new investment. He figures he can just put the investment back into the new IRA, no harm, no foul, right?