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Speaker, author, teacher, consultant: I teach/consult to financial, tax, and legal professionals about the tax laws that govern IRAs and employer plans
IRA Cheat Sheets and quick reference guides
2024 Quick Reference Guides
| Topics | Summary |
| An overview of the rules that apply to moving unused 529 plan amounts to a Roth IRA | |
| An overview of the RMD rules that applies to IRAs and Defined Contribution Plans. SECURE Act 2.0 updated | |
| A quick reference guide summarizing the taxability and applicability of the 10% early distribution penalty, for a distribution from a Roth IRA. Delivered to your email address | |
| Use this guide to determine some of the ways in which a Traditional IRA can be funded and the rules that apply. | |
| Use this guide to determine some of the ways in which a Roth IRA can be funded and the rules that apply. | |
2023 Quick Reference Guides
| Topics | Summary |
| Waiver of Excise Tax: For RMD Failures Under The 10-year Rule |
Bottom line: The RMD excise tax excise tax is waived for a beneficiary that is (a) subject to the 10-year Rule and (b) required to take annual life-expectancy RMDs. This cheat sheet answers the question: Which class of beneficiary is eligible for the automatic waiver of the excise tax on RMD failures for 2021, 2022, and 2023? |
| Substantially Equal Periodic Payments for IRAs and Employer Plans | Use this as a guide to determining the rules that apply to substantially equal periodic payments (SEPP). Distributions that meet the SEPP requirements are exempted from the 10% early distribution penalty that generally applies to pre-age 59 ½ distributions. Updated with IRS Notice 2022-6 and SECURE Act 2.0. |
| Employer Plan Comparison Table 2023 | A high level summary of the features and benefits of retirement plans for small business owners |
| 2023 IRA Calendar of Events | Use this guide to determine the deadline for IRA Transactions and Statements, and the compliance requirements that might apply. |
| How to calculate RMDs: Quick Reference Guide | An explanation of how to calculate RMDs for IRAs and Defined contribution plans .SECURE Act 2.0 updated |
| RMD Rules: Quick Reference Guide | An overview of the RMD rules that applies to IRAs and Defined Contribution Plans. SECURE Act 2.0 updated |
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Use this guide to determine some of the ways in which a Traditional IRA can be funded and the rules that apply. |
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| 2023 Roth IRA Funding Options | Use this guide to determine some of the ways in which a Roth IRA can be funded and the rules that apply. |
| Qualified Charitable Distributions | Use this as a guide to determine the rules that apply to qualified charitable distributions (QCD) |
| Early Distribution Penalty | Use this guide to determine whether a pre- age 59 ½ distribution from an IRA or employer plan account could be exempt from the 10% additional tax (early distribution penalty). |