Roth Ira Answer Book, Fifth Edition / Edition 5

Roth Ira Answer Book, Fifth Edition / Edition 5

by Gary S. Lesser, Susan D. Diehl, Robert S. Keebler
     
 

ISBN-10: 0735558809

ISBN-13: 9780735558809

Pub. Date: 10/14/2005

Publisher: Aspen Publishers, Inc.

In its coverage of all aspects of administration and operation of Roth IRAs, this valuable reference covers establishment, contributions, distributions, tax liability, favorable tax treatment, coversions, rollovers, annual contribution limits, reporting and more.

Overview

In its coverage of all aspects of administration and operation of Roth IRAs, this valuable reference covers establishment, contributions, distributions, tax liability, favorable tax treatment, coversions, rollovers, annual contribution limits, reporting and more.

Product Details

ISBN-13:
9780735558809
Publisher:
Aspen Publishers, Inc.
Publication date:
10/14/2005
Pages:
680
Product dimensions:
1.50(w) x 10.00(h) x 7.00(d)

Table of Contents

Chapter 1Introduction to Roth IRAs1
Overview1
Establishing a Roth IRA8
Model Roth IRA Documents10
Revoking a Roth IRA18
Prototype Roth IRA Documents19
Chapter 2Annual Contributions to a Roth IRA1
Limits on Annual Contributions1
Age and Plan Participant Status10
Annual Contribution Deadline10
Excess Contributions14
Tax Credits for Contributions23
Deemed Roth IRAs26
Qualified Roth Contribution Program26
Chapter 3Conversion, Contribution Recharacterization, and Rollovers1
Conversion of Traditional IRA to Roth IRA1
Conversion of SEP IRA or SIMPLE IRA to Roth IRA8
Contribution Recharacterization9
SEP IRA/SIMPLE IRA22
Rollovers23
Deemed Roth IRAs28
Qualified Roth Contribution Programs29
Chapter 4Voluntary Distributions1
Overview2
Qualified Distributions6
Nonqualified Distributions7
Five-Year Exclusion Periods7
10 Percent Premature Distribution Penalty12
Distribution of 1998 Conversion Amount Before End of Four-Year Spread Period13
Withholding15
Transfers Between Roth IRAs16
Transfers Incident to Divorce18
Demutualization20
Chapter 5Required Minimum Distributions1
Overview2
Five-Year Rule4
Beneficiaries8
Subsequent Beneficiaries18
Penalties21
Tax Matters22
Chapter 6Financial Planning1
The Basic Considerations2
AGI/MAGI5
Conversion Considerations10
State Law Considerations21
Inherited IRA21
Life Insurance to Pay Estate Tax25
Chapter 7Roth IRA Trusts1
Overview1
Roth IRA Trust Distribution Rules8
Generation-Skipping Trust13
Funding Clauses17
Disclaimers18
Taxation20
Permissible Transfer20
QTIPing a Roth IRA21
Chapter 8Beneficiary Designations and Estate Planning1
Making a Beneficiary Designation2
Using Trusts7
Family Rights That Restrain a Beneficiary Designation8
Charitable Gifts10
Common-Law Marriage10
Community Property19
Premarital Agreements21
Postnuptial Agreements23
Tenancy by the Entirety24
Disclaimers26
Government Claims28
Unclaimed Property29
Tax-Oriented Estate Planning31
Giving and Getting Advice36
Chapter 9Required Reporting for Roth IRAs1
Reporting IRA Contributions on Form 54982
Reporting IRA Distributions on Form 1099-R23
Appendix ARoth IRA Charts and Tables1
Appendix BExtracts from Relevant Code Sections (Reflecting changes made by EGTRRA and JCWAA (Job Creation and Workers Assistance Act of 2002 (P.L. 107-147)))1
Appendix CRoth Legacy Trust--Sample Provisions1
Appendix DExtracts from Treasury Regulations1
Appendix ERevenue Procedures, Announcements, and Notices1
Appendix FPension and Welfare Benefits Administration (PWBA) Opinion Letters1
Appendix GRoth IRA State Law Summaries1
Appendix HRoth IRA List of Required Modifications and Information Package1
Tables
Internal Revenue Code1
Treasury Regulations5
Revenue Rulings and Revenue Procedures9
Letter Rulings11
Notices and Announcements13
Employee Retirement Income Security Act15
Department of Labor Regulations and Advisory Opinions17
United States Code19
Code of Federal Regulations21
Cases23
Index1

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >