THE RETIREE’S TAX ENVIRONMENT
1:1. The Federal Income Tax
1:1.1. Tax-Favored Retirement Plans
1:1.2. Nonqualified Employer Retirement Plans
1:1.3. Other Types of Retirement Income and Benefits
1:2. State, Local, and Foreign Income Taxes
1:3. The Federal Gift Tax
1:4. The Federal Estate Tax
1:5. Other Potentially Applicable Taxes
RETIREMENT TAX PLANNING SUMMARY
2:1. Initial Tax Planning for Retirement
2:1.1. Payment Options under Employer Retirement Plans
2:1.2. Transfers from Employer Retirement Plans to IRAs
2:1.3. Avoiding the Penalty on Certain Early Distributions
2:2. Tax Planning During Retirement Years
2:2.1. Transfers of Funds from IRAs to Roth IRAs
2:2.2. Planning for Required Minimum Distributions
2:2.3. Temporary Personal Use of Funds Rolled Over to an IRA
2:2.4. The Nontaxable Portion of Social Security Benefits
2:2.5. The Nontaxable Portion of U.S. Military Disability Pay
2:2.6. Plan Insurance Premium Payments for Retired Police, Firefighters, etc.
2:2.7. IRA Distributions Paid Directly to Charities
2:3. Beneficiary Tax Planning
2:3.1. Tax Deferral Planning by Surviving Spouse Who Is Sole Beneficiary
2:3.1a. Spousal Choice of Five Year Rule or Life Expectancy Rule
2:3.1b. Spousal Election to Own IRA or Roth IRA
2:3.2. Tax Planning if Spouse Not Sole Beneficiary
2:3.3. Advantages of Establishing Separate Accounts for Beneficiaries
2:3.4. Advantages of a Trust as the Beneficiary of a Plan or Arrangement
2:3.5. Planning to Reduce Federal Estate Taxes
2:3.6. Designation of Charity as a Beneficiary
2:3.7. Advantages of Personally Purchasing an Annuity
To next page
To previous page
To Home page
1:1. The Federal Income Tax
1:1.1. Tax-Favored Retirement Plans
1:1.2. Nonqualified Employer Retirement Plans
1:1.3. Other Types of Retirement Income and Benefits
1:2. State, Local, and Foreign Income Taxes
1:3. The Federal Gift Tax
1:4. The Federal Estate Tax
1:5. Other Potentially Applicable Taxes
RETIREMENT TAX PLANNING SUMMARY
2:1. Initial Tax Planning for Retirement
2:1.1. Payment Options under Employer Retirement Plans
2:1.2. Transfers from Employer Retirement Plans to IRAs
2:1.3. Avoiding the Penalty on Certain Early Distributions
2:2. Tax Planning During Retirement Years
2:2.1. Transfers of Funds from IRAs to Roth IRAs
2:2.2. Planning for Required Minimum Distributions
2:2.3. Temporary Personal Use of Funds Rolled Over to an IRA
2:2.4. The Nontaxable Portion of Social Security Benefits
2:2.5. The Nontaxable Portion of U.S. Military Disability Pay
2:2.6. Plan Insurance Premium Payments for Retired Police, Firefighters, etc.
2:2.7. IRA Distributions Paid Directly to Charities
2:3. Beneficiary Tax Planning
2:3.1. Tax Deferral Planning by Surviving Spouse Who Is Sole Beneficiary
2:3.1a. Spousal Choice of Five Year Rule or Life Expectancy Rule
2:3.1b. Spousal Election to Own IRA or Roth IRA
2:3.2. Tax Planning if Spouse Not Sole Beneficiary
2:3.3. Advantages of Establishing Separate Accounts for Beneficiaries
2:3.4. Advantages of a Trust as the Beneficiary of a Plan or Arrangement
2:3.5. Planning to Reduce Federal Estate Taxes
2:3.6. Designation of Charity as a Beneficiary
2:3.7. Advantages of Personally Purchasing an Annuity
To next page
To previous page
To Home page
| Copyright © 2005-2008 by Vorris J. Blankenship All Rights Reserved |
The author intends that this website provide accurate and authoritative information on the subject
matter covered. However, the information provided on this website is not a substitute for the advice of
an attorney, accountant, or other professional; and the author is not offering legal, accounting, or
other professional advice. The material presented on this website is not intended for use, and may
not be used, to avoid tax penalties. If you need legal advice or other professional help, you should
seek (from an independent attorney, accountant, or other competent professional) advice based on
your own particular circumstances.
matter covered. However, the information provided on this website is not a substitute for the advice of
an attorney, accountant, or other professional; and the author is not offering legal, accounting, or
other professional advice. The material presented on this website is not intended for use, and may
not be used, to avoid tax penalties. If you need legal advice or other professional help, you should
seek (from an independent attorney, accountant, or other competent professional) advice based on
your own particular circumstances.
Detailed Table of Contents
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |