Post Death IRA Transactions

Author: Klaralee R. Charlton

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC
2 hours Estate Planning for CFP

Naming the right beneficiary of a qualified retirement account is ideal but it doesn’t always happen. When clients make mistakes or circumstances change, practitioners can help their clients by identifying ways to administer or transfer inherited retirement accounts after the death of the original owner. In this course we will review the inherited retirement account rules pre- and post-Secure Act and identify methods of administering or transferring retirement accounts after death to minimize income tax and meet client goals.

Publication Date: June 2021

Designed For
Attorneys, CPAs, and Enrolled Agents.

Topics Covered

  • Pre‐Death IRA Withdrawal Rule Review
  • Post‐Death IRA Withdrawal Options
    • Pre/Post Secure Act
  • Options for Named Beneficiaries
    • Spouses
    • Eligible Designated Beneficiaries
    • All Other Beneficiaries
  • Options for the Estate
    • Withdrawal by the estate
    • Allocations to estate beneficiaries
    • Separate Share Rule
  • Charitable Beneficiaries
  • Trusts Named as IRA

Learning Objectives

  • Describe the distribution options for inherited retirement accounts for individual beneficiaries, estates, and trusts
  • Recognize and apply the methods for administering a retirement account as an asset of a trust
  • Identify opportunities to distribute income to charitable beneficiaries
  • Recognize and analyze an estate or trust's ability to distribute a retirement account to charitable and individual beneficiaries
  • Identify how to recommend ideal transfer methods for retirement accounts to minimize administration complexity and income taxes
  • Recognize eligible designated beneficiaries
  • Recognize what withdrawal period applies in client scenarios
  • Describe true statements regarding if an IRA passes to the decedent's Estate
  • Identify which rule prevents a trustee or executor from allocating income from an IRA to one beneficiary over another
  • Recognize the ideal method for leaving IRA funds to charity
  • Recognize what must be true for a trust to qualify under the conduit rules
  • Describe benefits of naming a trust as a beneficiary of an IRA


Instructional Method

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

Registration Options
ADP Retirement Services Special Fee $0.00
Regular Fee $62.00

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