Joint Meeting with Chattanooga Tax Practitioners, “Estate and Distribution Planning for Retirement”
Date: Wednesday, May 20, 2015
Time: 11:30am - 1:00pm
Location: Chattanooga Convention Center
Speaker: Natalie B. Choate
- Lunch will cost $82.50 for anyone not a member of EPC or Tax Practitioners.
- What’s new and what’s on the horizon in estate and distribution planning for retirement benefits. Natalie Choate explains what Congress, the courts, and the IRS have done for (or to) our clients’ retirement benefits in the last year, including:
- The IRS is attacking IRA-owned businesses---and this time they’re winning! The Peek and Ellis cases.
- A major change in the IRA rollover rules: The Bobrow case and IRS Announcement 2014-15.
- Washington’s latest proposals to change the rules for retirement plans (again): Kill the stretch IRA? Cap contributions? Limit deductions? No required distributions for small accounts? Rollovers for nonspouse beneficiaries?
- Estate practitioners want to transfer clients’ IRAs into or out of trusts---what are the latest ideas, and what is the IRS response so far?
- The new 3.8% income tax on investment income hits trusts and estates hard. What can fiduciaries and planners do to minimize the impact on beneficiaries?
