test

865-525-5300

Gentry, Tipton & McLemore, P.C.
  • Home
  • About
  • Attorneys
  • Practice Areas
    • Asset Protection
    • Banking
    • Bankruptcy
    • Business Law
    • Commercial Real Estate
    • Construction
    • Corporate Finance
    • Creditors’ Rights
    • Employment Law
    • Estate Planning
    • Government
    • Litigation
    • Mergers and Acquisitions
    • Personal Injury
    • Probate
    • Tax Law
    • Trust Law
  • Blog
  • Contact
Select Page

SECURE Act and Estate Planning

by Joel Roettger | Dec 26, 2019 | Estate Planning, Retirement Assets, Tax, Trusts

Estate planning for retirement assets just got more interesting. The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 was signed into law on December 20. It was passed as part of H.R. 1865, Further Consolidated Appropriations Act, 2020. The...

Backdoor Roth IRA Contributions after Tax Reform

by Joel Roettger | May 29, 2018 | Estate Planning, Retirement Assets, Tax

It pays to read the footnotes. IRC § 408A prohibits direct contributions to a Roth IRA if a taxpayer’s AGI exceeds certain limits. (For the 2018 limits, see the table here). One strategy to circumvent this rule is a backdoor Roth IRA contribution. It works like this....

New IRS FAQs Address 2017 Roth Conversion Concerns

by Joel Roettger | Jan 24, 2018 | Estate Planning, Retirement Assets, Tax

The IRS has issued new guidance on recharacterization of Roth conversions, and it is good news for taxpayers who converted in 2017. As discussed in a previous post entitled “Last Chance for Risk-Free Roth Conversions,” taxpayers can longer reverse...

Last Chance for Risk-Free Roth Conversions

by Joel Roettger | Dec 16, 2017 | Estate Planning, Retirement Assets, Tax

The rules will change–and not for the better–in 2018, assuming the Tax Cuts and Job Act passes. Under current law, a contribution to a Roth IRA can be re-characterized as a contribution to traditional IRA and vice versa. This is accomplished by making a...

2018 Retirement Plan Contribution Limits

by Joel Roettger | Oct 23, 2017 | Estate Planning, Retirement Assets, Tax

The IRS recently announced the 2018 contribution limits for retirement plans. They are: 401(k), 403(b), most 457 plans, and Thrift Savings Plans18,500 Catch-up contribution limit for employees 50 and older6,000 IRAs (Traditional and Roth)5,500 Catch-up contribution...

More on the Primacy of Beneficiary Designations

by Joel Roettger | Jul 11, 2017 | Estate Planning, Retirement Assets

Beneficiary designations trump a will. Tennessee has a statute on it: If a person… designates… a payee or beneficiary to receive payment of the money, securities, or other property upon death of the person making the designation…, the right of the...
« Older Entries

Recent Posts

  • 2023 Estate and Gift Tax Exemptions
  • UPDATED: House Ways and Means Committee Proposes Tax Increases for Estates and Trusts
  • 2021 Brings an Increased Estate Tax Exemption
  • Governor Extends Order Allowing Remote Signing
  • Remote Execution of Legal Documents

Subscribe to our Blog

Enter your email address to subscribe and receive notifications of new posts by email.

Archives

  • April 2023
  • September 2021
  • January 2021
  • May 2020
  • April 2020
  • January 2020
  • December 2019
  • November 2019
  • September 2019
  • May 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • October 2016
  • September 2013
  • June 2013
  • November 2012

Categories

  • Accolades
  • Asset Protection
  • Charitable
  • Charitable Organizations
  • Estate Planning
  • Firm News
  • Pigeon Forge
  • Probate
  • Retirement Assets
  • Tax
  • Trusts
  • Uncategorized
  • Home
  • About
  • Attorneys
  • Practice Areas
  • Blog
  • Contact

Knoxville Office
900 S. Gay St.
Knoxville, TN 37902
Fax: (865) 637-6761

lawyers@tennlaw.com

865-525-5300

Sevier County Office
2540 Sand Pike Blvd., Suite 2
Pigeon Forge, TN 37863
Fax: (865) 774-1751

All content Copyright © 2025, Gentry, Tipton & McLemore, P.C. Website design by Slamdot.