
By: Denise Appleby CISP, CRC, CRPS, CRSP, APA
help@applebyconsultinginc.com | https://applebyconsultinginc.com
IRA Digest for Professionals – May/June 2020
By: William F. Rinaldi, CFP®
Regional Vice President | Security Mutual Life Insurance Company of New York
607-760-3315 | wrainald@smlny.com | https://smlny.com
The Five Most Common Mistakes When Claiming Social Security
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By: Julie Jason, JD, LLM | Retirement
I manage wealth as a fiduciary & promote financial literacy
Readers Still Struggle With The Secure Act’s New Age 72 RMD Rule
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By: Denise Appleby CISP, CRC, CRPS, CRSP, APA
help@applebyconsultinginc.com | https://applebyconsultinginc.com
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By: Denise Appleby CISP, CRC, CRPS, CRSP, APA
help@applebyconsultinginc.com | https://applebyconsultinginc.com
5 Steps To Choosing Between A Roth IRA And A Traditional IRA Contribution
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By: Nicole Maholtz, President & CEO | Brentmark, Inc.
803.781.9595 | nicole@brentmark.com | https://www.brentmark.com
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By: Denise Appleby, CISP, CRC, CRPS, CRSP, APA
help@applebyconsultinginc.com | https://applebyconsultinginc.com
How The Backdoor Roth IRA Contribution Works
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DISCLAIMER: The links below, are being provided as a convenience and for informational purposes only. They do not constitute an endorsement or approval by Brentmark of any of the products, services, or opinions of the corporation, organization, or individual. Brentmark bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links. Contact the external site directly for answers to questions regarding its content.
IRA Fact Sheets:
Brentmark – Brentmark 2020 IRA Fact Sheet
Inherited IRA Checklist:
Brentmark – 2020 IRA Beneficiary Checklist: SECURE ACT
(For Beneficiaries that Inherit IRAs AFTER December 31, 2019)
Brentmark – 2020 IRA Beneficiary Checklist: SECURE ACT – Transition Included
(For Beneficiaries that Inherit IRAs ON OR PRIOR TO December 31, 2019)
Definitions and Rules:
Brentmark – Beneficiary:
Any party that inherits the retirement account.
Brentmark – Designated Beneficiary:
A Beneficiary that is a person or qualified trust
Brentmark – Eligible Designated Beneficiary:
A Designated Beneficiary is the surviving spouse, minor child of the plan owner, disabled beneficiary, chronically ill; and, does not fall under either of these categories (surviving spouse, minor child of the plan owner, disabled beneficiary, chronically ill) and is not more than 10 years younger than the retirement account owner
IRS – Charitable Lead Trust
IRS – Charitable Remainder Annuity Trust (CRAT)
IRS – Charitable Remainder Unitrust (CRUT)
IRS – Pooled Income Fund
American Council on Gift Annuities – Charitable Gift Annuity
IRS – Split-Interest Trust
IRS – Actuarial Tables