Retirement Plan Beneficiaries is an essential course for financial professionals seeking to enhance their advisory services in retirement planning. This course delves into the intricacies of beneficiary designations for retirement accounts, a critical aspect often overlooked or misunderstood by clients.
Participants will gain valuable insights into the importance of retirement plan beneficiaries, the strategic use of trusts as beneficiaries, and the distinction between Designated and Eligible Designated Beneficiaries. By mastering these concepts, professionals can offer their clients informed advice, ensuring optimal estate planning and tax efficiency. This course, updated with the latest proposed Secure regulations, equips attendees with the knowledge to guide clients through the complex process of beneficiary designation, ensuring their retirement plans align seamlessly with their estate planning goals.
Learning Objectives
Upon completing this course, participants will be able to:
Recognize the significance of the Retirement Plan Beneficiary,
Determine the reasons a trust may be named as a beneficiary; and
Learn the difference between a Designated Beneficiary and an Eligible Designated Beneficiary.
Major Topics
Significance of the Retirement Plan Beneficiary
When to Designate a Beneficiary
New Class of Beneficiary
Primary vs. Contingent
Beneficiary Required Distributions
Trusteed IRA
