IRA advice

Martin Shenkman (Member, Martin M. Shenkman, P.C.) and Ira S. Herman, MS, CPA (Partner, J.H. Cohn) have written an article entitled IRAs and Retirement Plans Traps and Planning Tips, Mar. 23, 2009.

Estate planning for retirement assets is vital to address for almost everyone. The topic is broad and complex so that this article will only address a handful of issues that you might miss or misconstrue, or which might have particular relevance in our turbulent economy. The bottom line, review and monitor your retirement planning assets with your investment adviser, accountant, pension consultant, and estate planner on a regular basis to maximize the benefits for both you and your heirs.