7 More Family Office Resources:

• Stretch Annuity Family Office Definition: Stretch Annuity Stretch Annuity definition:  A stretch annuity allows an extended period of distributions for beneficiaries, possibly income for life. The flexibility allows better tax planning and longer period of tax ...
• Extended IRA Family Office Definition: Extended IRA Extended IRA definition:  An extended IRA includes the stretch IRA provision allowing multiple beneficiaries to enjoy distributions for an inherited IRA. See the definition for stretch IRA provision for ...
• September 30th Required Minimum Distributions Family Office Definition: September 30th Required Minimum Distributions September 30th Required Minimum Distributions definition:  When a retirement account has multiple beneficiaries, the oldest beneficiary's age is used to calculate life expectancy required minimum distributions. ...
• SEC Approves Definition of Family Office SEC Approves Definition of Family OfficePress release -- The Securities and Exchange Commission today approved a new rule to define “family offices” that are to be excluded from the Investment Advisers Act of ...
• Legacy Annuity Family Office Definition: Legacy Annuity Legacy Annuity definition:  see the definition for stretch annuity for more information. Download our free Family Office Report to learn more about the family office industry. Read more Family Office Definitions Tags: What ...
• Taxable Account Family Office Definition: Taxable Account Taxable Account definition:  Taxable accounts are good candidates for leaving to heirs because the holdings are stepped up in basis at the date of death.  Heirs will not be ...
• Required Minimum Distributions Family Office Definition: Required Minimum Distributions Required Minimum Distributions definition:  Required minimum distributions are calculated (using fair market value and life expectancy) and applied to the owners of traditional, SEP, and SIMPLE IRAs at ...