Life and Death Planning for Retirement Benefits

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Life and Death Planning for Retirement Benefits

Abbreviations and Symbols

¶ §

Refers to a section of this book.

Refers to a section of the Code unless otherwise indicated.

ADP AGI

Applicable Distribution Period. ¶ 1.2.03 .

Adjusted gross income.

CODA COLA

Cash-or-deferred arrangement. ¶ 8.3.02 .

Cost-of-living adjustment.

Code

Internal Revenue Code of 1986, as amended through September 27, 2010.

DB

Designated Beneficiary. ¶ 5.8.03 . Distributable net income. ¶ 6.4.02 .

DNI DOL DQP

Department of Labor.

Disqualified person. ¶ 8.1.06 . Designated Roth account. ¶ 5.7.01 .

DRAC EGTRR

The Economic Growth and Tax Relief Reconciliation Act of 2001 (Pub. L. 107- 16).

ERISA

Employee Retirement Income Security Act of 1974.

FMV

Fair market value.

IRA IRD IRS IRT

Individual retirement account or individual retirement trust under § 408 or § 408A .

Income in respect of a decedent. ¶ 4.6.01 .

Internal Revenue Service.

Individual retirement trust (trusteed IRA). ¶ 6.1.07 .

MAGI RMD

Modified adjusted gross income.

Required Minimum Distribution. Chapter 1 , first paragraph.

NUA Net unrealized appreciation. ¶ 2.5.01 . O/R-2-NLP Outright to now-living person. ¶ 6.3.08 . PLR IRS private letter ruling. PPA ’06

The Pension Protection Act of 2006 (Pub. L. 109-280).

Prop. Reg.

Proposed Treasury Regulation. Prohibited transaction. ¶ 8.1.06 . Qualified Retirement Plan. ¶ 8.3.12 . Required Beginning Date. ¶ 1.4.01 .

PT

QRP RBD REA Reg.

Retirement Equity Act of 1984 (Pub. L. 98-397). ¶ 3.4 .

Treasury Regulation.

TRA ’86

The Tax Reform Act of 1986 (Pub. L. 99-514). Unrelated business taxable income. ¶ 8.2 .

UBTI

WRERA

The Worker, Retiree, and Employer Recovery Act of 2008 (Pub. L. 110-458).