Estate Planning Without Stretch IRAs

Various limitations on IRAs’ usefulness as estate planning tools are clearly on the horizon. The latest is the Senate Democrats’ proposal eliminating stretch treatment for nearly all inheritors of traditional IRAs except spouses in order to pay for a one-year extension of the subsidized interest rate for students taking out Stafford loans. (It failed in a vote on July 10, but there are good reasons to believe that proposal and others will be adopted.) Read More...