The SECURE Act’s elimination of the “stretch IRA” for most non-spouse beneficiaries has created new challenges – and opportunities – for financial advisors. Under the 10-Year Rule, impacted beneficiaries must fully deplete inherited retirement accounts within a decade, often resulting in compressed distribution timelines and increased tax liabilities.
In this webinar, Jeff Levine explores how to navigate these complexities through proactive and post-inheritance planning. Attendees will learn how to distinguish between different beneficiary types, apply strategic distribution timing, and evaluate techniques such as Roth conversions, disclaimers, and changes to beneficiary designation.
Using a variety of examples, Jeff will emphasize the core principle of paying taxes when rates are lowest to maximize after-tax legacy outcomes while also being aware of the impact each strategy could have on other facets of a client’s financial life.
In this webinar, advisors will learn how to:
- Identify the key distinctions, under post-SECURE Act distribution rules, between eligible designated beneficiaries and 10-Year Rule beneficiaries.
- Explain strategies to mitigate the impact of the 10-Year Rule for beneficiary clients.
- Evaluate proactive approaches for account owners to mitigate the tax impact on heirs.
- Assess appropriate strategies to mitigate the impact of the 10-Year Rule for beneficiary and account owner clients based on life factors beyond taxes.
- Design a distribution or estate plan that aligns beneficiary circumstances and tax profiles to optimize after-tax legacy transfer.
Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.
Continuing Education (CE): 1.5 Credits
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI, and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes.
For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.
For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 75 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.
All attendees who meet the minimum attendance requirement of 75 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state-level insurance licensing although some states may accept completion certificates if you self-report.
Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible.
Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.
