IRAs, 401(k)s & Other Retirement Plans

Table of Contents
Your Retirement Companion    1

Chapter 1
Types of Retirement Plans    3
Qualified Plans    7
Individual Retirement Accounts    14
Almost-Qualified Plans    20
Nonqualified Plans    21

Chapter 2
An Overview of Tax Rules    25
Taxation Fundamentals    26
General Income Tax Rules for Retirement Plans    32
Income Tax on Qualified Plans and Qualified Annuities    38
Special Income Tax Rules for Tax-Deferred Annuities    68
Special Income Tax Rules for IRAs    69
How Penalties Can GuidePlanning    74

Chapter 3
Early Distributions: Taking Your Money Out
Before the Law Allows    77
Exceptions to the Early Distribution Tax    78
Calculating the Tax    87
Reporting the Tax    88
Special Rules for IRAs    94

Chapter 4
Substantially Equal Periodic Payments    101
Computing Periodic Payments    105
Implementing and Reporting Your Decision    115
Modifying the Payments    118

Chapter 5
Required Distributions: Taking Money Out
When You Have To    123
Required Distributions During Your Lifetime    126
Death Before Required Beginning Date    127
Death After Required Beginning Date    128
Special Rules for Tax-DeferredAnnuities    129
Special Rules for Roth IRAs    131
Penalty    132
Reporting the Penalty    138
Waiver    139

Chapter 6
Required Distributions During Your Lifetime    143
Required Beginning Date    146
Computing the Required Amount    149
Designating a Beneficiary    157
Special Rules for Annuities    162
Divorce or Separation    166

Chapter 7
Distributions to Your Beneficiary If You Die
Before Age 70    173
Determining the Designated Beneficiary    175
Distribution Methods    178
Spouse Beneficiary    182
Nonspouse Beneficiary    191
No Designated Beneficiary    196
Multiple Beneficiaries, Separate Accounts    197
Multiple Beneficiaries, One Account    198
Trust Beneficiary    206
Estate as Beneficiary    210
Annuities    211
Divorce or Separation    212
Reporting Distributions From IRAs    215

Chapter 8
Distributions to Your Beneficiary If You Die
After Age 70    217
Administrative Details    219
Spouse Beneficiary    222
Nonspouse Beneficiary    231
No Designated Beneficiary    235
Multiple Beneficiaries, Separate Accounts    236
Multiple Beneficiaries, One Account    236
Trust Beneficiary    241
Estate as Beneficiary    244
Annuities    245
Divorce or Separation    245

Chapter 9
Roth IRAs    249
Taxation of Distributions    253
Early Distribution Tax    267
Ordering of Distributions    270
Required Distributions    272

Chapter 10
Roth 401(k) Plans    275
Taxation of Distributions    278
Early Distribution Tax    283
Ordering of Distributions    284
Required Distributions    285

Appendix A
IRS Forms, Notices, and Schedules    287
Form 4972, Tax on Lump-Sum Distributions    288
Tax Rate Schedule for 1986    292
Form 5329, Additional Taxes on Qualified Plans (Including IRAs)
   and Other Tax-Favored Accounts    293
Form 5330, Return of Excise Taxes Related to Employee Benefit Plans    302
Form 5498, IRA Contribution Information    321
Form 8606, Nondeductible IRAs    322
Revenue Ruling 2002-62    335

Appendix B
Life Expectancy Tables    341
Table I: Single Life Expectancy    342
Table II: Joint Life and Last Survivor Expectancy    343
Table III: Uniform Lifetime Table    361
Table IV:  Survivor Benefit Limits    362

Index    363