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No Choice in the Matter: IRS Issues Guidance on Mandatory Roth Catch-Ups

• Which Plans and Catch-Ups Are Affected?

Congress Complicates Catch-Up Contributions

• Traditional and Roth IRAs
• Company Savings Plans
• SIMPLE IRAs

Executive Summary

Too Rich for Roth?

The Top 23 Questions That Financial Advisors Asked Us

• Roth conversions, Roth 5-year clocks, inherited Roth IRAs and the taxes due on Roth accounts.

• Proposed RMD Regs Retain Old Rules for Spouse Beneficiaries …With New Twists!
• Roth 401(k) Accounts: No Longer Subject to RMDs
• Tracking the IRS Twists on Separate Accounts for IRA Subtrusts

Proposed RMD Regs Retain Old Rules for Spouse Beneficiaries …With New Twists!

• Final RMD Regulations Keep Controversial Annual RMDs During 10-Year Period
• Year-of-Death RMD: New Regulations
• Big Picture Tax Planning After the SECURE Act

Final RMD Regulations Keep Controversial Annual RMDs During 10-Year Period

• Annual RMDs within the 10-year period are required when an account owner dies on or after the RBD.

• IRS Releases RMD Regulations and Keeps Controversial Annual RMD Rule for the 10-Year Period
• 401(k) In-Plan Conversions Open Up Roth Accounts for Younger Employees
• No 60-Day Rollover Relief After Mistaken Conversion

IRS Releases RMD Regulations and Keeps Controversial Annual RMD Rule for the 10-Year Period

• On July 18,

• Emergency Access to Retirement Funds
• The Beneficiary Form Reigns Supreme — Even After 28 Years
• Tax Considerations for Savvy Beneficiary Planning by Bob Morrison

Emergency Access to Retirement Funds

• Kohl Case
• Financial Emergencies: New 10% Penalty Exception
• Hardship Withdrawals
• Pension-Linked Emergency Savings Accounts: New 10% Penalty Exception

• There is no specific exception to the 10% penalty for hardship;

• Fundamentals of Lifetime RMDs
• 3 Steps to Fixing a Missed RMD
• Gambling and Retirement Planning by Martin “Marty”

• Considerations When a Trust (or Estate) Is IRA Beneficiary
• The Current State of the IRA Beneficiary RMD Rules
• Next-Gen IRA Planning with Life Insurance

Considerations When a Trust (or Estate) Is IRA Beneficiary

• Post-Death Administration
• Payout Rules: Trusts
• Payout Rules: Estates
• Taxes

• When a trust or estate is named as IRA beneficiary,

Roth IRAs: Not Always the Right Move

• No Contribution Allowed
• Reasons Not to Convert
  1. Inability to Pay the Tax Bill
  2. Immediate Financial Needs
  3. Exposure to Stealth Taxes
  4. Losing Financial Aid
  5. Missing Out on Future Tax Breaks
  6. Charity as the Beneficiary
  7. Roth Skeptics
• A Nuanced Approach to Roth IRAs

Executive Summary

IRS Cracks Down on NFTs in IRAs

• IRAs Invested in Collectibles
• IRS Notice 2023-27
• NFTs in Roth IRAs
• Prohibited Transaction Risk
• Conclusion

GUEST IRA EXPERT: Dennis J.