Our daily roundup of retirement news your clients may be thinking about.

What new IRS rules mean for your retirement account
The IRS is expected to implement tighter rules starting Jan. 1 for withdrawing money from an IRA with the aim of rolling it into another IRA investment, according to this article in U.S. News & World Report. The new rules will allow only one such rollover every 365 days, and this means clients who are considering withdrawing money from their IRAs need to seek professional advice as the transaction can be subject to penalty, a consultant says. The new rules will not place a cap on trustee to trustee transfers, and will allow clients to do rollovers as frequent as they want, according to experts.--Yahoo Finance

IRAs and trusts: What you need to know
Some financial advisors are telling their clients to set up new trusts that will enable them to leave their IRA assets to their heirs, according to this article on Forbes. This is prompted by a Supreme Court ruling that raised the issue of whether the strategy is better than directly leaving their IRAs to their heirs. Estate planning with IRAs can be more difficult if trusts are used, so clients and their heirs should understand the process and the consequences. Read the issues that clients need to consider if they decide to make a trust beneficiary of their IRAs.  --Forbes

Our retirement savings crisis—and the easy solution
Data on retirement savings show that Americans don't have enough in their nest eggs, and efforts to encourage younger workers to save more aggressively are not enough, according to an article on Time Money. However, hope is not lost as the problem can be fixed if people simply boost their savings rate to as much as 15%, and young workers start building their nest eggs early and see their savings grow through compounding over the years. This simple solution will help children in households with net worth of at least $164,000 to have adequate retirement savings like their parents.  --Time Money

Prepare to Retire With a Gift Annuity
Many older retirees who are drawn to philanthropic work have set up immediate charitable gift annuities to ensure an income stream, according to a survey by the American Council on Gift Annuities. An increasing number of younger retirement investors are interested in "deferred payment" annuities, a new annuity type that enables them to set the payments at a later date. Donors also have the option to get "flexible start date" annuities, which provide flexibility in scheduling the payments. --Kiplinger

Retirees turn to farming as encore career
Many baby boomers find farming an encore career that offers an opportunity to gain meaning and earn an income during their retirement years, according to an article on MarketWatch. Some of them are part-time or semi-retired, while others are hobby farmers and retire-to-farm migrants. Read about the gains and challenges experienced by several baby boomers who decided to shift into farming as their encore career.  --MarketWatch

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