Retirement Plans 2018

Individual Retirement Accounts – Inherited IRAs 2018

This handout discusses the choices a beneficiary has when inheriting a traditional or Roth IRA. It includes information on required minimum distributions.


  • Required minimum distributions (RMDs).
  • Inherited traditional IRAs.
  • Inherited Roth IRAs.

Individual Retirement Accounts – Kinds of IRAs and Prohibited Transactions 2018

This handout discusses the various types of IRAs and the tax benefits and implications of each. It also discusses the effect of the taxpayer’s participation in prohibited transactions within these types of accounts.


  • Traditional IRAs.
  • Simplified employee pensions (SEP).
  • Roth IRAs.

Individual Retirement Accounts – Roth IRAs 2018

This handout discusses the tax advantages of a Roth IRA. It includes information on contribution and conversion rules.


  • Contribution limits.
  • Rules of a Roth IRA.
  • Phaseout amounts.
  • Conversion rules.
  • Distribution rules.

Individual Retirement Accounts – Traditional IRAs 2018

This handout discusses the tax advantages and rules of traditional IRAs. It also includes the phaseouts for deducting contributions for taxpayers who are also covered by an employer-sponsored plan.


  • Contribution limits.
  • Rules of a traditional IRA.
  • Reduced IRA deductions.
  • Required minimum distribution rules.

Retirement Income 2018

This handout discusses a taxpayer’s various sources of retirement income including Social Security, pension, and IRA distributions. Age-specific requirements and tax implications are highlighted.


  • Social Security full retirement age.
  • Social Security early retirement reduced benefits.
  • Pension income.
  • IRA distributions including required minimum distribution rules.

Saving for Retirement

This handout highlights the various types of retirement accounts along with the contribution limits and rules. The handout also includes information on qualifying for the Retirement Savings Contribution Credit.


  • Traditional IRA rules and limits.
  • Roth IRA rules and limits.
  • SIMPLE IRA rules and limits.
  • Defined contribution plan rules and limits.
  • Retirement Savings Contribution Credit (Saver’s Credit) rules and limits.

Early Retirement Distributions – SEPP

This handout highlights the rules regarding the exception to the 10% penalty for early retirement distributions. The handout also discusses the possible risks involved in implementing this strategy.


  • Early retirement (before age 59 1/2) rules.
  • Calculation of substantially equal periodic payments.
  • Changes to the plan.
  • Changes to the account balance once the plan is implemented.

Social Security and Medicare

This handout highlights the components of Social Security retirement and disability benefits. It also provides an Overview of Medicare eligibility and benefits.


  • Full retirement age.
  • Delayed and early retirement.
  • Qualifying for Social Security benefits.
  • Social Security disability and survivor’s benefits.
  • Medicare plans and eligibility.

Taxable Social Security Benefits

This handout explains the calculation of income to determine what amount, if any, of Social Security benefits are taxable. It also provides strategies to prevent Social Security benefits from becoming taxable.


  • Taxable benefits.
  • Worksheet to determine if benefits are taxable.
  • How much is taxable?
  • Planning tips and strategies.

Pension Income Planning

This handout outlines some of the considerations for an employee who is selecting a pension option. The handout provides a description of a potential financial limitation of choosing the wrong type of pension payout and a strategy to consider to alleviate drawbacks of the various choices.


  • Pension options and the predicament created by those options.
  • Insuring a pension.
  • Tax consequences of implementing the strategy.
  • Possible risks of implementing the strategy.