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The Ultimate Retirement and Estate Plan for Your Million-Dollar IRA: Including How to Protect Your Nest Egg from the Pending Death of the Stretch IRA Legislation

Penned By James Lange
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The Ultimate Retirement and Estate Plan for Your Million-Dollar IRA: Including How to Protect Your Nest Egg from the Pending Death of the Stretch IRA Legislation

Penned By James Lange
4.85 36,894 Ratings
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Editor's Note:
On September 21, 2016, the Senate Committee on Finance voted 26-0 to effectively kill the stretch IRA . The ax has fallen and retirement and estate planning for individuals with large IRAs will never be the same. Though nothing is 100% certain, the chances of this vote becoming law is very high because the Finance Committee gave it unanimous bipartisan support. What the proposed law says is that if you die on or after December 31, 2016 and leave your IRA to your children or grandchildren (or anyone other than your spouse), your beneficiary will, with some possible exceptions, be required to pay income tax on the inherited IRA within five years of your death. This change is in sharp contrast to the current law that allows your beneficiary to stretch the Required Minimum Distributions from an inherited IRA over their lifetime, and continue benefitting from its tax-deferred growth. Not only will the proposed new law accelerate income taxes, but if the inherited IRA is large enough, the accelerated distributions are likely to be taxed at a very high income tax rate. For the last several years, James Lange, a best-selling author in the IRA and retirement plan world, has known this day would come. Though references to the death of the stretch IRA have rarely been found in literature, Jim kept insisting this day was coming. He wrote two peer-reviewed articles that were published in the January and February 2016 editions of Trusts and Estates Magazine, and has given talks about it for the last several years. Most recently, he was asked to make a presentation about the death of the stretch IRA to an audience of 400 estate attorneys and other professionals at the prestigious Retirement and Estate Planning Forum in San Diego. His message has been to prepare IRA owners and their advisors on the coming change and more importantly, what they should do about it right now. The Ultimate Retirement and Estate Plan for Your Million Dollar IRA was written to let IRA owners know about the proposed change to the law. It has a detailed explanation of the current law and compares it to the proposition that Congress is voting on right now. More importantly, it provides an action plan for IRA owners that they can follow now and after the new law passes. It also distils the best classic advice from Jim s 402-page best-selling book Retire Secure!. The book was written and went to press before the Committee vote on September 21, 2016. In general, the specifics of their proposition were remarkably similar to what Jim has outlined in this book. There is, however, one significant difference between what he anticipated the law would look like and the proposal that the Finance Committee passed unanimously and presented to Congress. Their proposition contains an exclusion of $450,000 (indexed for inflation) per IRA owner. This means that the non-spousal beneficiaries of an inherited IRA can still take advantage of the old stretch IRA laws for up to $450,000 of the account s value, but will be required to pay income taxes on any amounts over and above the $450,000 within five years of the original owner s death. This exclusion opens up the door to additional planning techniques that are not covered in this book. The author wrote a special addendum to the book that is available at no cost and can be found at paytaxeslater.com/addendum. This is a short book. If you would like a full explanation of all the recommendations and the reasoning behind them, please read the 402 pageRetire Secure! and the addendum mentioned below. The Ultimate Retirement and Estate Plan for Your Million Dollar IRA is an important book for all IRA owners, but it is critical for married IRA owners with an IRA or retirement plan valued at more than $450,000.

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Length 88 Pages
Language Eng
Imprint Retire Secure Press
Released N/A
Identifier (ISBN) 33227656
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James Lange
The Mind Behind the Work
James Lange

James Lange is a writer and avid reader based in the Pacific Northwest. Before pursuing writing full-time, they spent over a decade working in education. When not working on their next book, James Lange can usually be found hiking with their dog or trying out new coffee shops in their neighborhood.

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Andrew Adams
Andrew Adams March 15, 2025
"Such a rich narrative. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I am now a lifelong fan of this author."
Paul Brown
Paul Brown May 30, 2025
"Absolutely brilliant. The prose is exquisite. It’s accessible yet undeniably sophisticated. I will undoubtedly revisit this masterpiece."
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Paul Thompson
Paul Thompson September 10, 2024
"An acceptable diversion. Certain acts were fascinating, while others felt like a slight endeavor to complete. Perfectly average."
Charles Diaz
Charles Diaz January 25, 2025
"A profoundly satisfying read. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. A true literary gem."
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Paul Brown September 26, 2025
"Exceeded all my expectations. The prose is exquisite. It’s accessible yet undeniably sophisticated. Worth every moment spent reading."
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Nancy Adams May 26, 2024
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"Exceeded all my expectations. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I will undoubtedly revisit this masterpiece."
Lisa Clark
Lisa Clark January 03, 2025
"Not entirely to my refined tastes. Certain acts were fascinating, while others felt like a slight endeavor to complete. Unlikely to reread, but a reasonable expenditure of time."
Andrew Perez
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"Absolutely brilliant. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An effortless 5 stars."
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"Honestly one of the most premium reading experiences lately. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I am now a lifelong fan of this author."
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"Exceeded all my expectations. The author orchestrated a breathtaking finale. Truly a work of art. Worth every moment spent reading."
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Paul Walker
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"A profoundly satisfying read. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. A true literary gem."
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"Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem."
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"Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. I will undoubtedly revisit this masterpiece."
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Andrew Hall
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Andrew Ramirez
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Kenneth Perez
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"Masterpiece from start to finish. The author orchestrated a breathtaking finale. Truly a work of art. An absolute must-read for connoisseurs of the genre."
John Cruz
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"Absolutely brilliant. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. Worth every moment spent reading."
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"I thoroughly enjoyed the elegance of it. The middle had a deliberate pace, but the climax was phenomenal. A very distinguished novel."
Lisa Clark
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"Honestly one of the most premium reading experiences lately. The prose is exquisite. It’s accessible yet undeniably sophisticated. A true literary gem."
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"Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem."
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"Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. An absolute must-read for connoisseurs of the genre."
Patricia Edwards
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"Exceeded all my expectations. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I will undoubtedly revisit this masterpiece."
Joseph Wright
Joseph Wright September 04, 2024
"Exceeded all my expectations. The author orchestrated a breathtaking finale. Truly a work of art. Worth every moment spent reading."
Barbara Martinez
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Andrew Turner
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"Excellent, though slightly flawed. The middle had a deliberate pace, but the climax was phenomenal. I would highly recommend this to discerning readers."
Barbara Reyes
Barbara Reyes September 19, 2025
"Excellent, though slightly flawed. A brilliant concept executed with flair. Just a few pacing choices I would change. A solid 4 stars from me."
Michael Walker
Michael Walker March 21, 2025
"Exceeded all my expectations. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An effortless 5 stars."
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"Not entirely to my refined tastes. The tempo was somewhat languid, and I found my mind wandering. Not poor, simply average. Unlikely to reread, but a reasonable expenditure of time."
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"A profoundly satisfying read. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I am now a lifelong fan of this author."
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"I thoroughly enjoyed the elegance of it. The protagonist was compelling, though some subplots felt slightly overshadowed. Quite impressive overall."
Rebecca Campbell
Rebecca Campbell February 02, 2024
"Absolutely brilliant. I became deeply invested in the protagonist's journey. A masterclass in storytelling. A true literary gem."
Jacob Rivera
Jacob Rivera September 12, 2024
"I was completely blown away. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I will undoubtedly revisit this masterpiece."
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Karen Diaz November 05, 2025
"I was completely blown away. The author orchestrated a breathtaking finale. Truly a work of art. I will undoubtedly revisit this masterpiece."
Nancy Adams
Nancy Adams September 15, 2024
"Such a rich narrative. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. An effortless 5 stars."
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Eric Baker July 13, 2025
"Excellent, though slightly flawed. It held my rapt attention, even when certain twists were telegraphed. I would highly recommend this to discerning readers."
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"I was completely blown away. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An absolute must-read for connoisseurs of the genre."
Joseph Carter
Joseph Carter August 11, 2024
"Took a moment to build, but the payoff was spectacular. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. Quite impressive overall."
Steven Hill
Steven Hill March 24, 2025
"Took a moment to build, but the payoff was spectacular. The middle had a deliberate pace, but the climax was phenomenal. Quite impressive overall."
Elizabeth King
Elizabeth King June 03, 2024
"Such a rich narrative. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An effortless 5 stars."
Jennifer Roberts
Jennifer Roberts March 27, 2024
"Took a moment to build, but the payoff was spectacular. The middle had a deliberate pace, but the climax was phenomenal. A wonderful companion for a quiet weekend."
Michael Baker
Michael Baker April 13, 2024
"A profoundly satisfying read. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author."
Michelle Jackson
Michelle Jackson August 31, 2024
"Took a moment to build, but the payoff was spectacular. It held my rapt attention, even when certain twists were telegraphed. A solid 4 stars from me."
Kevin Hill
Kevin Hill December 12, 2024
"Exceeded all my expectations. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. I am now a lifelong fan of this author."
Sharon Miller
Sharon Miller April 19, 2025
"An acceptable diversion. Certain acts were fascinating, while others felt like a slight endeavor to complete. Unlikely to reread, but a reasonable expenditure of time."
Ryan Turner
Ryan Turner February 12, 2024
"Such a rich narrative. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I will undoubtedly revisit this masterpiece."
Lisa Rodriguez
Lisa Rodriguez November 09, 2025
"Honestly one of the most premium reading experiences lately. I became deeply invested in the protagonist's journey. A masterclass in storytelling. A true literary gem."
Jacob Scott
Jacob Scott December 19, 2024
"I thoroughly enjoyed the elegance of it. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. I would highly recommend this to discerning readers."
Kevin Hill
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"Not entirely to my refined tastes. The tempo was somewhat languid, and I found my mind wandering. Not poor, simply average. Unlikely to reread, but a reasonable expenditure of time."
Barbara Thompson
Barbara Thompson November 19, 2025
"I was completely blown away. The author orchestrated a breathtaking finale. Truly a work of art. A true literary gem."
Stephanie Reyes
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"A very strong entry. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. A solid 4 stars from me."
Stephanie Walker
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"Excellent, though slightly flawed. The protagonist was compelling, though some subplots felt slightly overshadowed. A very distinguished novel."
Ryan  Davis
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"A highly sophisticated read. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. Quite impressive overall."
Lisa Allen
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"I was completely blown away. The author orchestrated a breathtaking finale. Truly a work of art. I am now a lifelong fan of this author."
Carol Flores
Carol Flores October 30, 2025
"Such a rich narrative. The prose is exquisite. It’s accessible yet undeniably sophisticated. An absolute must-read for connoisseurs of the genre."
Jennifer  Davis
Jennifer Davis January 15, 2024
"Honestly one of the most premium reading experiences lately. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. Worth every moment spent reading."
Matthew Diaz
Matthew Diaz December 11, 2024
"Honestly one of the most premium reading experiences lately. The prose is exquisite. It’s accessible yet undeniably sophisticated. I am now a lifelong fan of this author."
Eric Wright
Eric Wright December 28, 2025
"Masterpiece from start to finish. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. An effortless 5 stars."
Nancy Hernandez
Nancy Hernandez March 23, 2024
"Took a moment to build, but the payoff was spectacular. It held my rapt attention, even when certain twists were telegraphed. A very distinguished novel."
Laura Collins
Laura Collins July 28, 2024
"A profoundly satisfying read. The prose is exquisite. It’s accessible yet undeniably sophisticated. An absolute must-read for connoisseurs of the genre."
Karen Cruz
Karen Cruz September 07, 2024
"Such a rich narrative. The prose is exquisite. It’s accessible yet undeniably sophisticated. I am now a lifelong fan of this author."
William Johnson
William Johnson October 19, 2025
"Absolutely brilliant. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I will undoubtedly revisit this masterpiece."
Kevin Hernandez
Kevin Hernandez April 27, 2024
"I was completely blown away. I became deeply invested in the protagonist's journey. A masterclass in storytelling. I will undoubtedly revisit this masterpiece."
Amanda Anderson
Amanda Anderson April 14, 2025
"Absolutely brilliant. The author orchestrated a breathtaking finale. Truly a work of art. An absolute must-read for connoisseurs of the genre."
Sandra Thomas
Sandra Thomas March 16, 2024
"Such a rich narrative. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I will undoubtedly revisit this masterpiece."
Paul Flores
Paul Flores April 30, 2025
"Exceeded all my expectations. The prose is exquisite. It’s accessible yet undeniably sophisticated. I am now a lifelong fan of this author."
Paul Scott
Paul Scott April 14, 2024
"I was completely blown away. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. An absolute must-read for connoisseurs of the genre."
Barbara Thompson
Barbara Thompson September 16, 2025
"Absolutely brilliant. The prose is exquisite. It’s accessible yet undeniably sophisticated. I will undoubtedly revisit this masterpiece."
Brian Hernandez
Brian Hernandez June 30, 2025
"Exceeded all my expectations. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An effortless 5 stars."
Ashley Thompson
Ashley Thompson June 23, 2024
"Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An absolute must-read for connoisseurs of the genre."
Ashley Mitchell
Ashley Mitchell November 13, 2025
"Exceeded all my expectations. The prose is exquisite. It’s accessible yet undeniably sophisticated. Worth every moment spent reading."
Lisa Phillips
Lisa Phillips October 12, 2025
"A very strong entry. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. A solid 4 stars from me."
Andrew Smith
Andrew Smith January 30, 2025
"A highly sophisticated read. The protagonist was compelling, though some subplots felt slightly overshadowed. Quite impressive overall."
Joseph Anderson
Joseph Anderson June 12, 2024
"Absolutely brilliant. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An absolute must-read for connoisseurs of the genre."
Kenneth Perez
Kenneth Perez November 21, 2025
"A very strong entry. A brilliant concept executed with flair. Just a few pacing choices I would change. Quite impressive overall."
Thomas Phillips
Thomas Phillips August 10, 2024
"Masterpiece from start to finish. I adored how the story unfolded. It kept me captivated without sacrificing elegance. An absolute must-read for connoisseurs of the genre."
Eric Baker
Eric Baker November 14, 2025
"A very strong entry. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. A very distinguished novel."
Kimberly Evans
Kimberly Evans March 07, 2025
"Exceeded all my expectations. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An absolute must-read for connoisseurs of the genre."
Laura Robinson
Laura Robinson July 25, 2024
"Absolutely brilliant. The prose is exquisite. It’s accessible yet undeniably sophisticated. Worth every moment spent reading."
Elizabeth Thomas
Elizabeth Thomas April 03, 2025
"It was adequate. The tempo was somewhat languid, and I found my mind wandering. Not poor, simply average. Perfectly average."
Cynthia Evans
Cynthia Evans March 16, 2025
"Exceeded all my expectations. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. A true literary gem."
Dorothy King
Dorothy King March 10, 2024
"Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. An absolute must-read for connoisseurs of the genre."
James Walker
James Walker February 06, 2024
"It was adequate. It possessed moments of brilliance, but the narrative felt slightly disjointed ultimately. Perhaps more aligned with a different audience's tastes."
Elizabeth Hill
Elizabeth Hill November 14, 2024
"I thoroughly enjoyed the elegance of it. A brilliant concept executed with flair. Just a few pacing choices I would change. A very distinguished novel."
Edward Rivera
Edward Rivera March 13, 2025
"I thoroughly enjoyed the elegance of it. A brilliant concept executed with flair. Just a few pacing choices I would change. A wonderful companion for a quiet weekend."
Jennifer Collins
Jennifer Collins August 21, 2024
"Such a rich narrative. The prose is exquisite. It’s accessible yet undeniably sophisticated. A true literary gem."
Sarah Adams
Sarah Adams September 29, 2025
"Masterpiece from start to finish. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An effortless 5 stars."
Elizabeth Williams
Elizabeth Williams May 01, 2024
"Honestly one of the most premium reading experiences lately. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I will undoubtedly revisit this masterpiece."
Carol Lee
Carol Lee June 30, 2024
"Excellent, though slightly flawed. The middle had a deliberate pace, but the climax was phenomenal. A solid 4 stars from me."
Sandra Torres
Sandra Torres March 02, 2024
"Masterpiece from start to finish. The author orchestrated a breathtaking finale. Truly a work of art. Worth every moment spent reading."
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