Category Archives: Distributions

Denise ApplebyPlease mark Your IRA Calendar with the following deadlines

Denise Appleby (Sep 19, 2011)

October 17: Deadline to recharacterize a 2010 Roth Conversion or IRA Contribution. October 31: Deadline to provide trust documentation to the IRA custodian, if the IRA owner died during 2010 and the beneficiary of the IRA is a qualified trust. … Continue reading →

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Denise ApplebyReminder:Charitable Donations from IRAs Extended to 2011

Denise Appleby (Sep 16, 2011)

President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 on Friday, December 17, 2010, which includes a provision that extended the qualified charitable distribution (QCD) provision. The QCD provision applies to  IRA owners and … Continue reading →

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Denise ApplebySubstantially Equal Periodic Payments (A Doorway to Penalty Free Distributions)

Denise Appleby (Jul 09, 2011)

by Denise Appleby, CISP, CRC, CRPS, CRSP, APA Generally, taxable distributions from IRAs, qualified plans or 403(b) accounts are subject to a 10% excise tax (early distribution penalty), if the distribution occurs before the owner reaches age 59 ½. However, … Continue reading →

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Lewis Robinsonqualified charitable distributions (QCDs) from IRAs have been extended for 2010 and 2011 – with a twist.

Lewis Robinson (Dec 26, 2010)

With the signing of the 2010 Tax Act last week, qualified charitable distributions (QCDs) from IRAs have been extended for 2010 and 2011 – with a twist. Since the bill was passed so late in the year, which by the way should … Continue reading →

Posted in Charities, Distributions | 2 Comments

Lewis RobinsonRequired minimum distributions (RMDs) were suspended in 2009 but are back for 2010.

Lewis Robinson (Dec 26, 2010)

December 26, 2010 Required minimum distributions (RMDs) were suspended in 2009 but are back for 2010. Most retirement account owners and beneficiaries (including Roth IRA beneficiaries) subject to RMDs must take them before year end or they’ll be subject to a … Continue reading →

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Lewis RobinsonThe 2010 Tax Relief Act Law Extends The Exclusion for Qualified Charitable Distributions To Distributions Beginning After December 31, 2009 and Before January 1, 2012

Lewis Robinson (Dec 24, 2010)

December 24, 2010 The 2010 Tax Relief Act extends the exclusion for qualified charitable distributions made in tax years after December 31, 2009 and before January 1, 2012. Specifically, a taxpayer may exclude from gross income so much of the … Continue reading →

Posted in Charities, Distributions, Required Minimum Distributions | Tagged , | 3 Comments