Members of Ed Slott’s Master Elite IRA Advisor Group attend semiannual workshop October 24-25, 2024.

The invite-only workshop offered advanced training on retirement account planning strategies, recent tax law changes, and estate planning techniques, featuring the latest updates from the nearly 300 pages of new tax rules released by the IRS in July, including the final SECURE Act regulations and SECURE 2.0 proposed regulations.

“With every new law and regulation, the retirement planning landscape becomes more intricate, creating both fresh opportunities and challenges for Americans,” said Ed Slott, CPA. “These shifts demand that both consumers and advisors stay sharp and adaptable. Advisors today aren’t just number crunchers; they are vital guides through financial uncertainty.”

Workshop topics included:

  • IRA Update: The latest information on IRA tax laws, new rulings, and planning opportunities, supported by advanced case studies and private letter rulings.
  • A deep dive into the final SECURE Act Regulations and SECURE 2.0 Proposed Regulations, including clarifications on key provisions and their impact on retirement account holders, such as:
  • A comprehensive review of the final SECURE Act RMD regulations: Focus on the continuation of the controversial annual RMD requirement during the 10-year period (ALAR Rule).
  • Year-of-Death RMD and Statute of Limitations on RMD Penalty: Insights into handling Required Minimum Distributions (RMDs) in the year of death and related penalty rules.
  • See-Through Trusts: Important updates on SECURE Act regulations affecting see-through trusts, including three key rule changes under SECURE 2.0.
  • New Spousal Beneficiary Rules: An overview of Section 327 rules for spousal beneficiaries, effective in 2024 and beyond.
  • Annuitized Annuities: Explanation of SECURE 2.0 provisions that allow fair market value aggregation of annuitized IRAs for RMD calculations.

About Ed Slott and Company, LLC

Ed Slott and Company is the nation’s leading provider of IRA education for financial advisors, CPAs and attorneys. Ed Slott’s Elite and Master Elite IRA Advisor Groups includes 500 of the nation’s top financial professionals who are dedicated to the mastery of advanced retirement account and tax planning laws and strategies.

As a member of Ed Slott’s Master Elite IRA Advisor Group, Charlie Rawl has direct access to Ed and his team of IRA experts. Ed Slott and Company is a valuable resource for knowing the facts and applying that to artful IRA planning.