IRA Cheat Sheets and quick reference guides

The Definitive IRA Quick Reference Guides Every Advisor Needs in Their Arsenal

Empower your IRA practice with the Definitive IRA Quick Reference Guides—an indispensable resource crafted by Denise "The IRA Whisperer" Appleby, a nationally recognized expert on IRAs and rollovers from employer plans. These guides deliver high-level yet practical insights that give you an immediate head start when addressing client questions and managing IRA transactions. By integrating these tools into your workflow, you’ll save time—your most valuable asset—and reduce costly mistakes.

Why Advisors Choose These Guides:

• Expert-Curated Content: Developed by Denise Appleby, whose expertise in IRAs is unmatched, these guides combine expert knowledge with actionable information.
• Time & Cost Efficiency: Quickly find answers to common IRA questions and transaction issues, streamlining your process and saving both time and money.
• High-Level, Pertinent Information: Although concise, the content is designed to provide critical guidance on IRA transactions, ensuring you’re well-equipped to advise your clients from the get-go.

Frequently Asked Questions:

Q: If I already own the IRA Quick Reference Guide Book, do I need to purchase these individual guides?
A: Not necessarily—the majority of the information found in these individual guides is included in the book. However, if you’re looking for a more streamlined, focused reference for quick answers, these guides are a perfect complement.

What’s Included: A Collection of Essential IRA Guides

Each guide is meticulously designed to address the most common IRA scenarios encountered by advisors:

1. Comparing Roth vs. Traditional IRAs: Quickly contrast the similarities and differences to determine the best fit for your client’s needs.
2. The IRA Calendar: Identify transaction deadlines, statement dates, and compliance requirements with ease.
3. Early Distribution Penalty: Determine whether a distribution made before age 59½ qualifies for an exemption from the 10% penalty.
4. Required Minimum Distributions Overview: Navigate the RMD rules for IRAs, defined contribution plans, 403(b)s, and governmental 457(b) plans.
5. IRA Beneficiary Options: Understand the distribution alternatives available to beneficiaries of Traditional, SEP, SIMPLE, or Roth IRAs.
6. Rollover and Transfer Rules for IRAs: Assess the feasibility of moving funds between various retirement accounts, with a clear overview of applicable rules.
7. Rollover and Transfer Rules for Inherited Accounts: Clarify the types of inherited accounts eligible for rollovers or transfers.
8. Roth IRA Tax and Penalty Determination: Identify when a Roth IRA distribution might trigger income tax or the early distribution penalty.
9. Qualified Charitable Distributions: Learn the rules for implementing qualified charitable distributions (QCD) within client portfolios.
10. Substantially Equal Periodic Payments (SEPP): Understand the rules for SEPP, ensuring penalty-free distributions under specific conditions.
11. Rollovers from a Long-Term 529 QTP to a Roth IRA: Discover the regulations for transferring eligible amounts from a 529 QTP to a Roth IRA.
12. IRA Transfers in Divorce Settlements: Get a high-level overview of how to manage IRA or employer-sponsored plan splits during a divorce.
13. Key Traditional IRA Funding Options: Explore the primary ways to fund a Traditional IRA and the associated rules.
14. Key Roth IRA Funding Options: Review several funding methods for a Roth IRA along with their requirements.
15. Deducting Traditional IRA Contributions: Determine eligibility for federal tax deductions related to traditional IRA contributions.
16. Tax Reporting for IRA Transactions: Understand the tax reporting obligations for both the IRA custodian and the account owner.
17. Comparing Roth IRA vs. Roth 401(k): Gain a high-level comparison of the benefits and features of a designated Roth account, such as a Roth 401(k), versus a Roth IRA.