| Qualified Trust | |
 A trust whose underlying beneficiary may use his or her life expectancy to determine RMD (required minimum distribution) amounts, including those for the beneficiary of a retirement account. |
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 Unless qualified, a trust can not normally be treated as the beneficiary of a retirement account for purposes of determining life expectancy factors. To be qualified, a trust must meet certain requirements in its validity and irrevocability, and the beneficiaries of the trust receiving the benefit must be identifiable; furthermore, the IRA trustee, custodian or plan administrator must be provided with a copy of the trust instrument. |
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 Roth Or Traditional IRA...Which Is The Better Choice? - To answer this question, you need to consider several factors, which we outline here. 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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