Tag SECURE ACT

5 Types of an Eligible Designated Beneficiary

Estate Planning, Trusts and Succession Planning

EDB or Eligible Designated Beneficiary

There are 5 categories of an EDB or Eligible Designated Beneficiary. As described in Section 401(a)(9)(E)(ii) of the code, an EDB is: The Surviving Spouse A minor child of the participant (but only until the age of majority is reached,…

Jasper Berg, J.D.
July 18, 2021

Estate Planning

Where is the SECURE Act?

Where is the SECURE Act? As an law office helping estates make changes to trusts and wills, finding a copy of the SECURE Act is turning into an even bigger

Jasper Berg, J.D.
February 2, 2020

Estate Planning

Are You An Eligible Designated Beneficiary?

Eligible Designated Beneficiary is a term created by the SECURE Act under IRS rule 401(a)(9).

Jasper Berg, J.D.
February 2, 2020