The IRA “Cheat Sheets” That
Every Single Advisor Should Own
Do you have a client coming in on Monday morning to discuss the IRA Rollover Rules? What if the discussion turns to the transfer and rollover rules for inherited IRAs? Being able to not only think on your feet, but also be able to communicate these rules, planning strategies and concepts to clients can be challenging. But, they don’t have to be if you have a quick, go-to resource to help you properly advise them about all of the complex IRA and retirement planning rules.
This is why you need to have a copy of the Appleby IRA Quick Reference Guides, which includes the following 20 easy-to-follow, high-quality and effective guides:
- Traditional IRA Funding Options Quick Reference Guide
- Roth IRA Funding Options Quick Reference Guide
- Roth vs. Traditional Quick Reference Guide
- IRA Deductibility Quick Reference Guide
- IRA Calendar Quick Reference Guide
- Early Distribution Penalty Quick Reference Guide
- Qualified Charitable Distributions Quick Reference Guide
- RMDs for Account Owners Quick Reference Guide
- RMD Calculation for Account Owners Quick Reference Guide
- Non-Spouse Beneficiary Pre-SECURE Act Quick Reference Guide
- Beneficiary Options – SECURE Act Quick Reference Guide
- Tax Reporting Quick Reference Guide
- Rollover Rules – Owner Quick Reference Guide
- Rollover for Beneficiaries Quick Reference Guide
- Roth IRA 5-Year Rule Quick Reference Guide
- Roth IRA Qualified Distributions Quick Reference Guide
- Roth 401K vs Roth IRA Quick Reference Guide
- Divorce Quick Reference Guide
- SEPP Quick Reference Guide
- SECURE Act vs. Pre-SECURE Act Summary Quick Reference Guide
The Appleby IRA Quick Reference Guides will help you to provide quick answers to common IRA questions. You can get all 20 of these charts in printable PDF format for just one payment of $149. If you would like to be sent a set in nicely printed copy in high-gloss cardstock, you can do so for just $249.
Save time. Get the big picture with the Appleby IRA Quick Reference Guides. You can always get any required details later, but this will quickly become one of your most handy go-to resources in all of your client meetings!
The Appleby IRA Quick Reference Guides include:
You will receive an immediate download of printable Adobe® PDF versions of the following guides. For an additional fee, you can choose the option to also have a set of nicely printed high-gloss cardstock versions of each of the guides.
- Traditional IRA Funding Options Quick Reference Guide (4 pages) – Some of the ways which a traditional IRA can be funded and the rules that apply.
- Roth IRA Funding Options Quick Reference Guide (4 pages) – Some of the ways in which a Roth IRA can be funded and the rules that apply.
- Roth vs. Traditional Quick Reference Guide (2 pages) – Compare the similarities and differences between a Roth IRA and Traditional IRA.
- IRA Deductibility Quick Reference Guide (2 pages) – Determine whether you are eligible to claim a federal tax deduction for traditional IRA contributions.
- IRA Calendar Quick Reference Guide (2 pages) – Determine the deadline for IRA Transactions and Statements, and the compliance requirements that might apply.
- Early Distribution Penalty Quick Reference Guide (2 pages) – Determine when the 10% additional tax (early distribution penalty) applies to distributions from IRAs and employer plan accounts.
- Qualified Charitable Distributions Quick Reference Guide (2 pages) – Rules that apply to Qualified Charitable Distributions (QCDs).
- RMDs for Account Owners Quick Reference Guide (2 pages) – Required minimum distributions (RMDs) that apply the IRAs, defined contribution plans, 403(b)s and Governmental 457(b) plans.
- RMD Calculation for Account Owners Quick Reference Guide (2 pages) – Required minimum distributions (RMDs) that must be withdrawn by owners of IRAs, defined contribution plans, 403(b)s and Governmental 457(b) plans.
- Non-Spouse Beneficiary Pre-SECURE Act Quick Reference Guide (2 pages) – Distribution option available to beneficiaries of a Traditional, SEP, SIMPLE IRA (traditional IRA) or Roth IRA, where the beneficiary is a non-spouse, a spouse or a non-person.
- Beneficiary Options – SECURE Act Quick Reference Guide (2 pages) – Distribution options available to beneficiaries of a Traditional, SEP, SIMPLE or Roth IRA.
- Tax Reporting Quick Reference Guide (2 pages) – Tax reporting requirements that apply to IRAs. These requirements apply to the IRA Custodian and the IRA owner.
- Rollover Rules – Owner Quick Reference Guide (2 pages) – Determine the amounts that can be moved between 2 types of retirement accounts, and get an overview of the general rules that apply to rollovers and transfers.
- Rollover for Beneficiaries Quick Reference Guide (2 pages) – Rollover and transfer rules that apply to the beneficiary of an IRA or employer plan account.
- Roth IRA 5-Year Rule Quick Reference Guide (2 pages) – Determine which of the Roth IRA 5-Year Rule applies to a Roth IRA distribution, and determine if the distribution is subject to income tax and/or the 10% early distribution penalty.
- Roth IRA Qualified Distributions Quick Reference Guide (2 pages) – Determine whether a Roth IRA distribution is subject to income tax and/or the 10% early distribution penalty.
- Roth 401K vs Roth IRA Quick Reference Guide (2 pages) – High-level comparison of the features and benefits of a designated Roth account (DRA) such as a Roth 401(k) and a Roth IRA.
- Divorce Quick Reference Guide (2 pages) – High-level overview of the rules that apply to splitting an IRA or employer sponsored retirement plan (employer plan) as part of a divorce settlement agreement.
- SEPP Quick Reference Guide (2 pages) – Rules that apply to substantially equal periodic payments (SEPP).
- SECURE Act vs. Pre-SECURE Act Summary Quick Reference Guide (2 pages) – High-level comparison of the key IRA related changes made under the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.
Once you download your PDF charts, you will also get more information about opportunities and pricing for branding/customizing these charts for your firm name, logo and other contact information.
I purchased these cheat sheets last year and have found them very valuable and useful on numerous occasions. They have been particularly helpful when I am with a client or prospect and the client/prospect has a question about something specific. Even if I know the answer I still pull out one of these guides in front of the client. It is a great third party piece to let the client/prospect know that your information is correct.
Denise Appleby has created charts summarizing Roth vs. traditional IRA, portability (what type of plan can be rolled into what other type of plan), and more. I wish everyone who answers an 800 number at the big financial firms had these charts, so there would be fewer incidents of erroneous advice.