1. Copyright © 2007, The American College. All rights reserved. Used with permission. Planning for Retirement Needs Distributions from Retirement Plans Chapter 25

2. Copyright © 2007, The American College. All rights reserved. Used with permission. Chapter 26: Distribution Planning Choosing a distribution option Reviewing the rules Working with clients

3. Copyright © 2007, The American College. All rights reserved. Used with permission. Distribution Terms Involuntary cash-out Normal form of payment Life annuity Joint and survivor annuity Life annuity with guaranteed payments Annuity certain Lump sum Installments Actuarial equivalent Subsidized benefits

4. Copyright © 2007, The American College. All rights reserved. Used with permission. Reviewing the Rules Review list of rules in text applying to each type of plan Identify differences among the various plan types

5. Copyright © 2007, The American College. All rights reserved. Used with permission. Working with Clients Key issues for middle-class client Changing jobs Involuntary terminations When to retire Choosing a distribution option Roth IRA conversion Key issues for wealthier client Estate planning considerations Maximizing pension to heirs Roth IRA conversion