Is Your Retirement Plan Tax-Infested?

Many Americans with qualified plans such as 401(k)s and IRAs make the mistake of not understanding rollover regulations. Why is this a big deal? Because not knowing the rules and not really understanding your options can lead to unintended tax consequences that chip away at your retirement funds.

Even if you currently have a “tax-infested” plan, you may still have time to change that into tax-deferred funds for retirement. Plan administrators typically aren’t permitted to offer you advice when it comes to doing a rollover when you leave a job or retire, they may only tell you what options are available to you. So, what should you do?

Your personal retirement distribution specialist and CPA can explain the strategies that may be available to you as well as potential tax consequences of things like taking a lump-sum distribution versus the benefits of rolling those funds into another qualified plan upon retirement or separation of service.

There is no need to risk a tax-infestation…qualified retirement distribution professionals and accountants who specialize in retirement distribution planning all offer a FREE analysis so take advantage of this helpful and complimentary service!



More Updates


For trusts that inherited an IRA in 2019, an important deadline is approaching. The due date to provide required trust documentation to the IRA custodian to ensure that the longest payout period possible is available for the inherited IRA is October 31, 2020. Generally, only individuals who are named on an IRA beneficiary form can

Read More »


The coronavirus-related distribution (CRD) rules for Roth conversions have a gaping hole. An “affected person” (as we have defined in previous blogs), is entitled under the CARES Act to withdraw up to $100,000 from their IRA or workplace retirement plan. A CRD avoids the 10% early distribution penalty for those under 59 1/2, can be

Read More »

Rolling Over an RMD

Like most people’s lives, the retirement world is upside down. This is made evident by a single statement: “Required minimum distributions (RMDs) can be rolled over.” Yes, that is the new normal—at least for this year. RMDs are considered the first money out of an IRA and workplace plan. Typically, these dollars are ineligible to

Read More »
Scroll to Top