IRA/Pension Distribution Planner

New Update Available Soon

On April 17, 2002 the IRS published the Minimum Distribution Final Regs. We will be updating the IRA/Pension Distribution Planner soon to include the new tables.

Contents

Current Version
System Requirements
Price
Overview
Updates

Current Version

Most current version: WIRA2001.20
Release Date: 4/9/2001

Requirements

Microsoft Windows 95/98/ME/2000/XP/Vista.

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Price

$199 (+$7S/H)

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Overview

    The IRA/Pension Distribution Planner will save you time if you have clients who receive IRA or pension distribution.  This program can help your clients that receive distributions before they are 59˝ and after they are 70˝.  These situations can easily lead to penalties.

     This program will save you time if you have clients under 59˝ who already need their IRA funds.  Use this program to calculate the maximum distribution that will still avoid penalties.  Avoid the 10% early distribution penalty.

     Your clients over 70˝ with IRAs will be facing a 50% penalty if they don't withdraw the required minimum distribution (RMD) amount by December 31, or, for the year they turn 70˝, the subsequent April 1.  If you make the IRA distribution calculation, you can't afford not to have this program to limit the chances of a 50% penalty.  It has been our experience, when banks or other financial institutions make this calculation, that they
occasionally put your client in a penalty situation.  When you catch a financial institution making such a serious mistake, you become a hero to your client.

     Some of your clients may have made smaller distributions than desired because of the Excess Distribution Tax.  The Taxpayers' Relief Act of 1997 repeals the Excess Distribution and Excess Accumulation Taxes.  The Distribution Projection Report can help you plan for the future now that distributions are less taxing.

     Over 1,400 accounting firms use the IRA Distribution Planner.  This program can perform its calculation in seconds. Those firms believe in the program and so do we.  If you don't think the program has paid for itself in its very first use, you can send it back for a full refund.

     You can view or print an analysis for each IRA.  The program will work for all combinations of beneficiaries, including Minimum Distribution Incidental Benefit(MDIB) situations.  This program helps simplify 42 pages of Regs!  In fact, the help screens explain the law when you are entering inputs.

For comprehensive information, download the program's manual.

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Updates

Current Version WIRA2001.20 (Released 4/9/2001)

Same as WIRA2001.10, except this includes the Calendar Year Summary and Projection report. Those that have paid for version WIRA2001.10 will be sent this version free.

Version WIRA2001.10

Includes Required Minimum Distribution computations as revised by the January, 2001 proposed regulations. For 2001 distributions, the program will compute the distribution both with the old and new laws.

Using the new regulations, the program can compute required distributions for those that died.

Version WIRA2000.10

This includes Life Table 90CM to compute annuity factors when determining pre 59˝ distributions.

From Version WIRA1999.20 to WIRA1999.21

We will be sending this update out between 8/11/99 and 8/19/99 to ALL purchasers of version WIRA1999.20. This update is too large to make available as a patch.

From versions before WIRA1999.20 to WIRA1999.21

This version is for sale at an update price from DTS.

From Versions WIRA97.30 and WIRA98.10 to WIRA1999.10

pira9910.exe (161kb) A FREE patch to upgrade from versions WIRA97.30 and WIRA98.10 to version WIRA1999.10. You must have installed the previous version for this to work.

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