Info

Mastering Money

Mastering Money is hosted by Certified Income Specialistâ„¢ Steve Jurich. Steve's comments have been seen on MarketWatch, CNBC.com, Bloomberg, and TheStreet.com. Steve is joined on most days by Money Radio favorite Sinclair Noe as well as experts and authors from the world of Wall Street and real estate. New episodes published every weekday at 9am PST. Listen every weekday to get a handle on emerging market trends, asset allocation strategies, social security, medicare, RMD planning, tax strategies, estate planning, annuities, life insurance and more!
RSS Feed Subscribe in Apple Podcasts Android App iOS App
2018
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April
March
February


Categories

All Episodes
Archives
Categories
Now displaying: Page 1

Sep 30, 2015

Federal laws prohibit Individual Retirement Accounts—IRAs-- from continuing on indefinitely after the original owner’s death, which is why the IRS created RMDs, aka Required Minimum Distributions. Some owners of IRAs want to stretch out the payment to beneficiariesafter they pass, to extend the legacy or perhaps their beneficiaries are not equipped to handle the lump sum payout.

To "stretch" an IRA, investors have two viable options: 1) They can create a specialized trust that can be treated as the beneficiary or 2) they can use an annuity for their IRA funding vehicle and have the insurance company create the stretch.

If a trust is used, there are strict requirements. In Segment 2, Steve and Sinclair review the restrictions, issues, and benefits. Then in Segment 3, estate planning attorney Richard Dwornik joins the A-Team to expand on the details. Certified Financial Planner® Murray Titterington with IQ Wealtlh also joins the discussion.