Who pays the tax?

While young people are more frequently using Roth accounts to pay taxes now versus later, the vast majority of retirement assets reside in tax deferred accounts. These monies are fully taxable as ordinary income when withdrawn or ultimately inherited by someone other than the spouse. 

So who pays the tax bill and what are the implications for your clients? We will share multiple strategies you can use to help your clients maximize the value of these assets in their estate plan.