The long-awaited SECURE Act proposed regulations related to post-mortem IRA distributions are finally here. Bob Keebler, CPA/PFS, walks through the latest proposals and shares what you need to know in this episode of the PFP Section podcast. Topics covered include:
2021 RMDs that were missed in the case of death post required beginning date
Key points related to the new proposed regulations compared with the existing rules
When the 5-year rule, 10-year rule, and the life expectancy rule apply
Expansion of the definitions of eligible designated beneficiary, disabled, and chronically ill
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PFP Section members and PFS Credential holders can follow along with the detailed slides.
Keep up with latest proposals and find the 2022 planning decision charts in the Proactive Planning Toolkit.
This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.
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