The SECURE Act ushered in the biggest changes for retirement planning in years, The most significant tax change embodied in this new legislation is the elimination of the “stretch” provision for certain beneficiaries of IRAs in favor of the “10-year rule.” This change potentially impacts millions of taxpayers and could result in making many tax planning strategies currently in place irrelevant or outdated. It may also impact the attractiveness of making a Roth IRA conversion.

This class focuses only on the key IRA changes made by SECURE, and will cover the following:

• Elimination of age limits on the ability to make contributions to traditional IRAs effective for years beginning 1/1/2020

• Exceptions to the 10-year rule for “eligible” designated beneficiaries

• Increase in RMD age to 72

• Coordinating qualified charitable distributions (QCDs) with deducting a contribution to a Traditional IRA

• RMD rules applicable to those 70 ½ before 1/1/2020

• Ten-year rule where IRA owner dies before 1/1/2020 and designated beneficiary dies after 1/1/2020

• Options for a surviving spouse designated beneficiary before and after 1/1/2020

• RMD rules for those continuing to work beyond age 72

• Pre 1/1/2020 RMD rules and post 1/1/2020 RMD rules compared and contrasted

Your certificate will be awarded upon successful completion of the course requirements which include a video lecture that will be followed by a 10 question final exam.