Topic
IRA
195 published works
Wills, Trusts & Estates Prof Blog
Avoid These 5 IRA Beneficiary Form Mistakes
Individual retirement accounts are the single largest asset for many retirees and their heirs. Yet, all too often IRA owners make costly errors on their beneficiary forms that negate their…
Wills, Trusts & Estates Prof Blog
IRS Announcement 2014-32 Clarifies New IRA Rollover Rule
A recently released IRS announcement clarifies how the decision in Bobrow v. Commissioner, T.C. Memo. 2014-21 will be applied. Announcement 2014-32 explains that only one IRA rollover can be made…
Nonprofit Law Prof Blog
IRA Charitable Rollover Provision: Will Congress Extend or Not Extend?
An insightful Wall Street Journal commentary addresses the likely outcome for the IRA Charitable Rollover Provision. This provision allows taxpayers aged 70.5 and older to make deductible charitable contributions (up…
Texas Bankruptcy Blog
Inherited IRA Not Protected in Bankruptcy
By Bryan Fears
The Supreme Court recently decided a bankruptcy issue that has caused confusion in the lower courts. The issue is whether an inherited IRA receives the same protection in bankruptcy as…
Elder Law Prof Blog
Is Community Spouse’s IRA Countable in Determining Medicaid Eligibility? Arkansas Supreme Court Says “Yes”
In Arkansas Department of Human Services v. Pierce, the Arkansas Supreme Court ruled on May 29 that individual retirement accounts owned by a wife were "countable" in determining her husband's eligibility…
Texas Bankruptcy Blog
Supreme Court to Decide Case Involving Inherited IRA
By Bryan Fears
The Supreme Court is preparing to hear arguments in Clark v. Rameker a seventh circuit case involving whether an inherited IRA would be exempt under the federal bankruptcy exemptions. For…
Benefit Notes
Even a Tax Lawyer Can Get the IRA Rollover Rules Wrong – Part 3
By Stinson LLP
I blogged recently about a tax court case in which a tax attorney failed to follow the strict rules for IRA rollovers and wound up with a large tax bill.…
Benefit Notes
Even a Tax Lawyer Can Get the IRA Rollover Rules Wrong – Part 2
By Stinson LLP
I blogged recently about a tax court decision where a tax lawyer flubbed an IRA rollover, resulting in adverse tax consequences to him and his wife. An interesting aspect of…
Beneficially Yours
UPCOMING WEBINAR: Bitcoins: Retirement Plan and IRA Investment in Digital Currencies
On Thursday, March 27, 2014 at 12:00 p.m. Central, Seyfarth’s partner Howard Pianko, Antonis Polemitis of Ledra Capital LLC, and Arthur H. Kohn of Cleary Gottlieb Steen & Hamilton LLP…
Benefit Notes
Even a Tax Lawyer can get the IRA Rollover Rules Wrong
By Stinson LLP
Individuals are permitted to roll over amounts in one IRA to another IRA only once in a 12 month period. The rollover must be completed within 60 days. A tax…