Rick Parkes, LUTC
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Radon Stancil, CFP®
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 Phone: 877-IRA-1222
Your name:
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Please type YES or NO
1. Do you have most of your retirement savings in a
company 401(k), 403(b), or 457 retirement plan?
2.  Do you have company stock in your 401(k)?
3.  Is your retirement plan one of the largest assets
you own?
4.  Have you recently left your company or retired, or
will you be retiring soon?
5.  After you retire, will you be leaving your retirement
account with your former employer?
6.  Will you be taking a lump-sum distribution from
you company plan at any time?
7.  Will your retirement account savings pass
according to the terms in your will?
8.  Have you named a trust to be the beneficiary of
your retirement plan?
9.  Is your estate the beneficiary of your retirement
plan?
10.  Will you be leaving your retirement assets to
your spouse?
11.  Have you put off instructing your beneficiaries
what to do-and what not to do-with your retirement
plan when they inherit?
12.  Do you want to be able to control the payouts on
your retirement account(s) after your death to
prevent your beneficiaries from squandering the
money?
13.  Will you be inheriting a retirement account from
anyone?
14.  Are you confident that your bank, broker, or
mutual fund company will have all the necessary
documentation on your retirement account that your
beneficiaries will need?
15.  Are you unsure of the exact amount that the IRS
requires you to withdraw from your retirement
account, and when?
16.  Do you own a life insurance policy?
17.  Will you be rolling cash, stock, or other property
over from one retirement account to another?
18.  Has it been more than a year since you last
updated the beneficiary forms for every retirement
account you own?
19.  Will you need to tap into your retirement savings
before you reach age 59 1/2?
20.  Have you heard of the Roth IRA but taken no
steps to find out more or set one up yet?
Comments:
Take this simple self-evaluation of your personal
retirement plan risk.  It is designed to flush out
the biggest mistakes people make with
retirement distribution planning.  Each question
highlights a situation that could lead to the
demise of your 401(k), IRA, or other retirement
savings if you're not careful.  

As you read these questions, the point of some
may elude you at this stage.  That's OK.  What's
important now is this:  Going through them will
get you started thinking seriously about
protecting your retirement money now because
each situation could by itself, or in combination
with others, be the death knell for your life
savings and be a pot of gold for Uncle Sam
depending upon your response.