Lifetime Impact of the SECURE and CARES Acts on Retirement Distribution Planning
Thank you to our Sponsors!
Platinum Sponsors: Longmont Community Foundation and Midwest Trust
Gold Sponsors: Bank of America Private Bank, Bedford Wealth Advisors, and Gibraltar Valuations
Bronze Sponsor: Weinberger Law, LLC
Rick Randall is an innovative leader in the Wealth Reception Planning™ movement. He develops and teaches concepts, tools and systems designed to help client families and professional advisors create, appreciate and enjoy true wealth (both financial and non- financial), and to assure true wealth is efficiently transferred and effectively received.
Rick is the developer of The LifeSpan Planning Process™, The Three Step Strategy Planning Process™, The Three Step Strategy Practice Evolver Model™, and The Wealth Reception Planning Process™. His firm is widely known for helping clients create "plans that work" through personalized counselling, a formal updating program, and proactive settlement training.
A Founding Member of the National Network of Estate Planning Attorneys, Rick served as its first Education Director, later as its Executive Director, and now serves as its Chairman and CEO.
Rick actively practices law in Indianapolis, Indiana, where Randall Law Offices serves over 300 client families. His area of technical expertise is retirement and estate planning integration. Rick has attained the Certified Financial Planner® (CFP), a Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations. He is also a Certified Wealth Mentor®, and trained Time to Think® Consultant.
Rick has a passion for legacy planning, the non-financial component of true wealth. He is an Ambassador for The Ultimate Gift Experience, a Fellow of the Legacy Builder Institute and a Certified Legacy Planner.
Venue:
This live event will be conducted virtually via Zoom. Check in and networking will start at 11:30 a.m., and the business meeting will commence at 11:45. The speaker will start at 12 noon.
Program:
This presentation will focus on the impact of the recently enacted SECURE and CARES Acts on Retirement Distribution planning. Rick will cover changes made regarding Required Minimum Distributions for the long run contained in the SECURE Act, as well as short term access to retirement plans made possible by the CARES Act. As is to be expected, the changes create some pitfalls to be avoided, as well as opportunities for planning professionals to capture. Rick will review alternative retirement plan strategies involving insurance, investments and legal planning which may help offset the limitations on life expectancy distributions for most plan beneficiaries imposed by the SECURE Act. All require affirmative action and planning team cooperation and coordination!
CE credit status: CFP, CLE, CPA, CLU/Insurance: Approved. Designed for CPAs, attorneys, financial planners, CLUs, ChFCs, and others practicing in the estate planning field. Pre-requisites - none; program level- advanced; advance preparation: none; delivery method: lecture/group study; recommended credit: 1 hour.
