When should you begin taking distributions from a qualified retirement plan?
 What are the tax consequences of these distributions?
QPDS can provide your client with the answers to these questions and more!

DATAIR's PC-based Qualified Plan Distribution and Tax Analysis System (QPDS) is a comprehensive financial, estate, and retirement planning tool used to calculate the minimum distribution and analyze the various consequences of alternative financial plans. QPDS can even be used without qualified plan assets:

• Distribution from Qualified Plans
• Defined Benefit, Defined Contribution, 401(k), SEP, 401(a/b), IRA
• Taxable and Non-Taxable Income
• Social Security Income
• Life Insurance
• Expenditures
• Life Expectancy
• Minimum Distribution
• 15% "Too Much" tax
• 50% "Too Little" tax
• 10% "Too Soon" tax
• Federal Income tax
• Estate tax
• Capital Gains
• 5 & 10 Year Income Averaging
• Grandfather amounts

The following summaries of qualified retirement plan accumulations under all applicable distributions.

1. Stream of Payments
2. 
   a. Using user-defined annual payment increasing by a percent
   b. Using user-defined variable annual payments (up to 30 years)
   c. Minimum required distribution - 401(a)(9)
   d. Threshold amount
   e. Interest only option
   f. Necessary income, increasing by a percent per year
   
3. Lump Sum Distributions
4. 
   a. Using user-defined payment date or age
   b. System determines better of 5-year or 10-year averaging
   c. Capital gains
   
5. No Distributions - 242(b) election
6. Lump Sum and any Stream of Payments for distributions from more than one plan (including same options as in 1a - 1f above).

Additional Highlights

• Up to 30 years of variable rates for:
  • Interest for Plan money
  • Interest for Personal outside assets
  • Federal Income Tax Projection Options
  • 
    1. Use Tax tables without indexing.
    2. Adjust Tax tables and Deductions using COLA.
    3. Use Tables, but replace top bracket rate with rate entered on screen.
    4. Combine 2 and 3 above
    5. Do not use Tables, but rather use flat rates entered by user.
    
  • Federal Estate Tax Options Same as above for Federal Income Federal State Income Tax
  • State Income Tax
  • Cost of Living Adjustment (COLA) for Threshold, Federal Income
  • Federal Estate Tax Brackets
  • Built-in Life Expectancy tables
• Options to recalculate Life Expectancy for:
  1. Participant only
  2. Spouse only
  3. Participant and Spouse
  4. Reduce age 70.5 Life Expectancy by one (1) each year
  
• Calculation of Grandfathering amount based on two Valuation Dates, or input actual amount as of 8/1/86.
• Input of personal assets, additional income, annual expenditures, additional contributions.
• Insurance Option - Premium Paid In or Out of the Plan.
• Prints both detailed illustrations and concise summary reports.

DATAIR's QPDS is a stand-alone program which does not require a spreadsheet program.