Distributions from Retirement Plans—Part I

Identify the exceptions to the general rule that distributions from qualified plans, 403(b) annuities, and IRAs are included as ordinary income

Distinguish between distributions that can be rolled over into other tax-advantaged retirement plans and those that cannot

Describe when required distributions must begin, and how to calculate the required minimum distributions during the participant's lifetime and after the participant's death

Describe the postmortem planning opportunities under the required minimum distribution rules

Distributions from Retirement Plans—Part II

Identify the key distribution issues for the middle-class client who is concerned about financing retirement needs

Identify the key distribution issues for the wealthier client who is concerned about both financing retirement needs and building an estate for his or her heirs

Retirement Needs Analysis: The Assumptions

Discuss the factors that should be considered when choosing a retirement age and a life expectancy assumption