Retirement Plans, IRAs, and Annuities Avoiding the Early Distribution Penalty
This article discusses how the 10% penalty on early distributions and the exceptions apply to various types of plans, accounts, and annuities
Published on June 16, 2011
Retiree Tax Planning With Qualified Longevity Annuity Contracts
The IRS recently issued regulations authorizing a new type of annuity contract for certain tax-favored retirement plans and IRAs: Qualified longevity annuity contracts
Published on October 31, 2014
Baby Boomers Brace for Longevity Risk with Guaranteed Annuities
How can baby boomers continue to increase and protect their lump-sum nest eggs throughout their retirement years without the fear of running out of money?
Published on May 10, 2010
Structured Settlements Are Factoring and Commuting Different
Although the Code appears to permit factoring, there is no clear answer as to whether annuity issuers can commute payments due under their own policies without adverse tax consequences
Published on May 10, 2010
Prop. Regs. Address Application of Secs. 2036 and 2039 to Certain Annuities
Sec. 2036 provides for the inclusion in a decedent’s estate of certain transfers the decedent made during his or her lifetime in which the decedent retained certain rights in the property. Sec. 2039 provides for the inclusion in a decedent’s estate of th
Published on April 20, 2010
Computing the Charitable Tax Deduction for a Charitable Remainder Trust
The methods for calculating a charitable remainder annnuity trust and a charitable remainder unitrust are different because the CRUT income stream fluctuates with changes in the value of the trust property. The technicalities involved in determining the value of the income stream or the remainder interest are much more complex
Published on March 14, 2014
Computing the Includible Portion for Graduated GRATs
Recent regulations provide practitioners a reminder that planning discussions with clients considering graduated GRATs should include a review of the potential consequences presented if the grantor dies prematurely
Published on July 25, 2013
Application of CFC Lookthrough Rule to Payments Made by a Partnership to Its CFC Partner
This item examines the controlled foreign corporation (CFC) lookthrough rule.
Published on October 04, 2011
Compensation and Benefits Update Retirement Plans and Executive Compensation
This article focuses on recent changes affecting qualified retirement plans and executive compensation.
Published on March 18, 2013
Health Care Legislation Requires New Planning Strategies
Two areas that practitioners should examine for opportunities to reduce the impact of Medicare tax increases on their clients are the structure of privately owned businesses and holdings in passive investment activities.
Published on September 01, 2010