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Tax Court Changes the
Game for IRA Rollovers
Court Rules Once-Per-Year
Rollover Rule Applies to All
of a Taxpayer’s IRAs
New MyRA Retirement
Account Introduced
• Facts of the Case
• IRS Says Only One of Three
Rollovers was Valid
• Tax Court Ruling Throws a
Double Whammy Once-Per-
Year Rollover Rule Curveball
• Once-Per-Year Rollover Rule
Essentials
• Once-Per-Year Rollover Rule
with Multiple IRAs
• No Relief When Violating the
Once-Per-Year Rollover Rule
• The Tax Court’s Final
Decision
• Spouse’s IRA Rollover Was
After 60 Days
• 20% Accuracy-Related Penalty
• Impact on Clients Who Did
Multiple Rollovers in Prior
Years
• A Final Thought
–

Top IRA Rulings of 2013
• ATRA Expands In-Plan Roth
Conversions
• Roth Conversions Can Help
IRA Trusts Avoid the New
39.6% Top Income Tax Rate
• IRA Estate Planning Post-
ATRA
• U.S.

What Are IRA
Custodians Really
Responsible For?

• No Duty to Inform of the 60-
Day Rollover Rule
• Custodian Error Can Help Get
Clients an Extension of the
60-Day Rollover Window
• Federal Income Tax
Withholding
• IRS Penalty Taxes
• Look-Through Trust Status
for Stretch IRA Purposes
• Required Minimum
Distributions at Age 70½
• Reporting Disability
Distributions
• Naming and Updating IRA
Beneficiaries
• Valuing IRA Assets at Fair
Market Value
• Calculating Net
Income or Loss on an
Excess Contribution or
Recharacterization
• Setting up Separate Accounts
for Multiple Beneficiaries
after Death
• Contribution Eligibility
–

Avoid These IRA Annuity Traps • Using the Wrong Value to Calculate Roth Conversion Income or RMDs • Don’t Fall Into the “Spring-Back”

Timing Social Security
Benefits and IRA
Distributions
• Typical Building Blocks for a
Successful Plan
• The Power in Delaying Social
Security
• Spending Down IRA Money
to Delay Social Security Can
Lower Future Tax Bills
• Understanding the Tax
Advantages of Social Security
Benefits
• Using Advanced Social
Security Tactics to Maximize
Lifetime Income
• How to Supplement Income in
the Early Years
• Planning for Single Clients
• Advisor Action Plan
–

No Pension Benefits
for Widow Married
Less than a Year
• Facts of the Case
• Court Decisions
• Some Employer Plans Have a
“One-Year-Marriage Rule”

Retirement Plan
Proposals in the
President’s Budget
• 1) Mandatory Auto-
Enrollment IRAs for Certain
Small Businesses
• 2) Mandatory 5-Year Rule for
Non-Spouse Beneficiaries
• 3) Establish a “Cap”
on Retirement Savings
Prohibiting Additional
Contributions
• 4) Create a 28% Maximum
Benefit for Retirement
Account Contributions
• 5) Eliminate RMDs for
Clients with $75,000 or Less
in Retirement Accounts
• 6) Allow Non-spouse
Beneficiaries to Make 60-Day
Rollovers of Inherited Funds
–

Plan’s Big Mistake
Leads to Big Tax
Problems for
Participant
• CCA 201313025
Released March 29,

Updating Existing
Planning Strategies
Post-ATRA
A Fresh Look at NUA,
Roth Conversions and
Transfer-Tax Planning
• An Updated Look at Net
Unrealized Appreciation
(NUA)
• A Fresh Look at Roth
Conversions
• Planning Strategies Using the
Current Estate,