Large-IRA Tax & Financial Planning Strategies; Robert Keebler, March 2022

IRA planning requires an understanding of property law, income tax, estate tax and finance. Some solutions focus on financial engineering, such as converting traditional accounts to a Roth account or increasing taxable distributions to move funds to life insurance; other solutions involve a legal component, such as leaving funds to charitable trusts.

This class covers leading IRA tax planning strategies for 2022 and beyond:

Overview of Key Considerations
• Income, Estate and Gift Taxes
• Generation Skipping Transfer Taxes
• The §691(c) Deduction and Its Failures
• State Estate Taxes
• State Income Taxes
Overview of SECURE
• 10-Year Rule
• Exception Beneficiaries
SEPPs & Notice 2022-6
• SEPPs – requirements, and best practices
• Why the brand-new change in Notice 2022-6 is meaningful for early retirees
Roth Conversions
• The SECURE Act’s ten-year payout rule and the high tax rates to follow
• 2021 Roth Update with Higher Income and Estate Rates
• Critical Roth conversion concepts after SECURE
• Roth conversions for rate arbitrage compared to traditional IRAs to trusts
• 10+ Reasons to convert to a Roth IRA
• Estate tax considerations
• Why a Roth conversion is much better when an estate tax exists
• “Stretch” Roth IRAs for eligible designated beneficiaries
• Roths for SNTs and asset protection trusts
• Using insurance to preserve post-death “stretch-out”
• Easy to read charts, graphs and tables
Charitable Remainder Trust Strategies
• How IRA-CRTs can simulate the longer payout and still benefit charity
• Understanding the income tax aspects of CRTs
Multi-generational Accumulation Trust Sprinkling
• The operation of the DNI Rules of Subchapter J which allow you to shift income
• The 65-Day Rule
• State law fiduciary accounting income issues
• State income tax issues
• The math of sprinkle trust strategies

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA, is a partner at Keebler & Associates. Bob has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners and one of the Top 40 Tax Advisors to Know During a Recession. His three-decades as an educator of tax professionals makes him a once-in-a generation figure in the leadership of the accounting profession.
 

This webinar is eligible for one hour of CE credit towards the CIMA® and CPWA® certifications, CFP® CE, PACE credit toward the CLU® and ChFC® designations, IRS EA CE and live CPA CPE credit.