MKA Executive Planners Blog

IRAs and the Need for a Trust

Posted by Barry Koslow on Fri, Feb, 03, 2017

Not a lot of assets?

Got a big IRA account?

No use for a Trust?  Wrong!

Most everyone is familiar with the rule that you must take an actuarially determined “required minimum distribution” from your Individual Retirement Account” in the year you turn age 701/2 and each year thereafter.

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Tags: Individual Retirement Accounts, Qualified Plan Trusts, IRAs, IRA Taxation, Retirement Plan Trusts