In the past 2 years, you have probably fielded lots of questions from your clients regarding the many IRA changes and, most specifically, about how they affect beneficiary payouts. This can greatly affect estate and financial planning strategies. Just when we thought we had the answers, in February 2022, the IRS released NEW proposed regulations affecting beneficiary payouts that are expected to take effect this year and make a hybrid of the 'pre-SECURE Act' rules and the new SECURE Act rules that became effective 1/1/2020.
In addition, Congress has passed a sweeping retirement update that will go to the Senate and possibly be passed before the end of the year and signed into law - aka The SECURE Act 2.0. This may extend the age for beginning RMDs from IRAs and have other very substantial changes all to be discussed in this essential Webinar.

Learning Objectives:-

• New federal income tax withholding rules
• When an IRA owner postpones their first RMD
• When beneficiaries have optional distributions and/or must take an RMD
• Different types of beneficiaries for payout options
• Which age is used to calculate Single Life payments to a beneficiary
• Who is required to take the deceased owner's RMD and report to the IRS
• 9 red flags of beneficiary payouts

Who Should Attend:-

Anyone who is remotely involved with IRAs and answering clients' questions on the old and new IRA distribution rules - especially beneficiaries. Customer service reps, financial and estate planners, IRA operations department, tellers, call centers, and frontline personnel would all benefit from this informative Webinar.