| Forward Averaging | |
 Treating lump-sum retirement-plan distributions as if they occurred over a five- or ten-year period. Forward averaging is available only to qualified plan participants who were born before 1936 and meet certain requirements. |
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 This treatment results in the distributions being taxed at a lower rate than the individual's ordinary tax rate. To be eligible for the capital gains and forward averaging treatment, qualified plan distributions must be in the form of a lump-sum distribution. Note: The five-year income averaging is repealed for taxable years beginning on or after January 1, 2000. |
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 Introductory Tour through Retirement Plans - Here you will find tutorials that are each devoted to one the most common retirement plans, explaining how to establish, fund, and then take distributions from it. 'tis the Season for Required Minimum Distributions - You can't defer taxes on your retirement accounts forever--missing the deadline to take distributions could cost you! What is the difference between qualified and non-qualified plans? Preparing for the RMD Season - Part 1 - Paying taxes is inevitable - that's why you need to learn about the rules for required minimum distributions. Preparing for the RMD Season - Part 2 - Paying taxes is inevitable--that's why you need to learn about the rules for required minimum distribution. |
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