Coordinating Retirement Accounts with Estate Planning 101 (What Every Estate Planner Needs to Know)
Keith A. Herman
52 PROBATE& PROPERTY JANUARY/FEBRUARY 2006 Asubstantial portion of the wealth possessed by Americans today consists of tax-deferred retirement accounts such as traditional IRAs, 401(k)s, and 403(b)s. In 2002, the IRS issued final regulations under Code § 401(a)(9) clarifyyin and simplifying many of the rules applicable to retirement accounts. See Treas. Reg. §§ 1.401(a)(9)–0 through 1.401(a)(9)–9, and Treas. Reg. § 54.4974–2. These rules apply to 401(k)s, 403(b)s, and IRAs, but not to Roth IRAs...