Special Report: Ancient History
Price: FREE
What's in this Special Report?
This 81-page Special Report contains excerpts from prior out-of-print editions of Natalie Choate’s book Life and Death Planning for Retirement Benefits. The material in this Report details the rules for several obscure “grandfather rules” and explains how minimum required distributions were computed under the 1987 and 2001 versions of the IRS’s proposed minimum distribution regulations.
The current edition of Life and Death Planning for Retirement Benefits and some of my seminar outlines sometimes tell the reader to look up various pages from prior editions of the book. That’s not very helpful when the prior editions are out of print and very hard to find. So Ancient History is supplied FREE as a service to my readers who need this material.
Here is the Table of Contents of Ancient History:
| PART I: ESTATE TAX EXCLUSION: SEPARATION FROM SERVICE PRIOR TO 1985...... | 2 |
| PART II: SPECIAL INCOME AVERAGING: PARTICIPANT BORN BEFORE 1936............... | 3 |
| PART III: MINIMUM DISTRIBUTIONS: PRE-1984 TEFRA 242(b) DESIGNATIONS............ | 6 |
| PART IV: MINIMUM DISTRIBUTIONS: PRE-1987 403(b) PLAN BALANCES....................... | 7 |
| PART V: MINIMUM DISTRIBUTIONS UNDER 1987 PROPOSED REGULATIONS............ | 14 |
| PART VI: MINIMUM DISTRIBUTIONS UNDER 2001 PROPOSED REGULATIONS........... | 38 |
Who needs (and doesn’t need) this Special Report?
You need this Special Report if you have a client who owns pre-1987 403(b) plan benefits; or who owns benefits in a qualified retirement plan but separated from the service of the plan sponsor prior to 1985; or who filed a “TEFRA 242(b) election in 1984. You need this Special Report if you represent a participant was born before 1936 and owns qualified plan benefits (or beneficiaries who have inherited qualified plan benefits from someone who was born before 1936).
You also need this Special Report if you are trying to calculate minimum required distributions for a participant or for beneficiaries for years prior to 2003. Perhaps your client (or the decedent) failed to take one or more required distributions for those years and you need to calculate what the penalty and “catch-up distribution” would be, or you just need to verify that the right amount was distributed. Ancient History explains how required distributions were computed in pre-2003 years.