A Safer Retirement and Environment – What We’re Implementing to Help Keep You Safe: READ MORE

Here at Secure Retirement Services, we are adhering to state and local guidelines in order to protect both the health and safety of clients and staff. Keeping our clients and staff safe is our highest priority and we’re taking all appropriate measures to ensure a safe environment. Should you prefer to not meet face-to-face, we are continuing to serve our clients through virtual settings such as Zoom or phone calls.

We look forward to continuing to help individuals and families achieve their ideal retirements.

Secure Retirement Services
(954) 937-9550




Roll over all but $4000 of nondeductible IRA in my Traditional IRA into my SEP IRA, then rollover the $4K basis into my Roth IRA?

Can I do that? Can I do both rollovers in quick succession in the same day so that the Traditional left with the $4K does not accrue the daily interest?

Thank you very much. Fred


A few things to consider. First, you can only do one 60-day rollover in a 1-year period. The rule applies to Roth-to-Roth and Traditional-to-Traditional rollovers. However, direct rollovers/transfers do not count towards this rule. You do not have a problem with the one-rollover-per-year rule because your second rollover is from an IRA to a Roth IRA which is not subject to that rule.

Secondly, keep in mind that the pro-rata rule treats all IRA accounts that you own as one account, including Traditional, SEP and SIMPLE IRAs. Thus, even if you segregate the tax-deferred assets into another IRA before converting the non-deductible contributions to a Roth IRA, the conversion will still consist of both basis (i.e., after-tax funds) and taxable money.


Saw your stuff on line.  Very helpful.  Quick question….

It is clear that a trust can be named as a beneficiary of an individual IRA.  But can a trust be named as the beneficiary of an inherited IRA from which the inheritor will begin taking annual RMDs?

Thanks very much





A non-spouse beneficiary that inherits an IRA can name a trust as the beneficiary of the inherited IRA. The only difference here is the beneficiary of that inherited IRA (often called a “successor beneficiary”) will have to continue the RMD schedule of the original beneficiary. For example, Luis inherits an IRA and names a trust for his minor child as his beneficiary. Luis begins taking RMDs at his age 35 using a factor of 48.5 from the Single Life Expectancy Table. He dies at age 40. The trust can now start taking RMDs but will continue using Luis’ factor, minus one for each year that has passed. The factor used in the year of Luis’death is 43.5. The following year the factor for the trust beneficiary will be 42.5.



Ready To Take


For more information about any of our products and services, schedule a meeting today.

Or give us a call at (954) 937-9550