Back to ACE Academy 2022 - Nashville

Jeffrey Levine, CPA/PFS, CFP, AIF, CWS, MSA

Lead Financial Planning Nerd, Kitces.com, Speaker

Using Trusts as IRA Beneficiaries


The U.S. retirement market is roughly $30 trillion, and more than half of those assets are held in IRAs and similar defined contribution plans. Much of that wealth rests in the hands of an aging Baby Boomer generation, and financial advisors will play a critical role in passing these assets along to clients’ beneficiaries as intended, and as tax-efficiently as possible. Sometimes, that may require using a trust as an IRA beneficiary. But while these tools can be incredibly effective at protecting and preserving wealth, they can also add considerable cost and complexity to a plan. In this session, attendees will learn about some of the biggest pros and cons of leaving an IRA to a trust, as well as the critical IRA trust rules they must know in order to properly guide clients.

 

 

Biography

Jeffrey Levine, CPA/PFS, CFP, AIF, CWS, MSA is the Lead Financial Planning Nerd for Kitces.com, a leading online resource for financial planning professionals, and also serves as the chief executive officer and director of financial planning for BluePrint Wealth Alliance LLC, a Registered Investment Advisor, where he drives the firm’s vision of delivering a unique, modern approach to the financial, tax and estate planning. Levine is a recipient of the Standing Ovation award, presented by the AICPA Financial Planning Division for “exemplary professional achievement in personal financial planning services.” He was also named to the 2017 class of 40 Under 40 by InvestmentNews, which recognizes “accomplishment, contribution to the financial advice industry, leadership and promise for the future.” Jeffrey is a regular contributor to Forbes.com, as well as numerous industry publications, and is regularly sought after by journalists for his insights.