You've worked hard to put money into your IRA and it's one of your biggest assets. IRA's offer tremendous tax-free growth potential, but you or your heirs could pay a lot of income taxes when you take money out. This site has information about rules for IRA accumulation and distribution. In addition, an IRA Retirement Trust may be advisable if your IRA is $150,000 or more (including your spouse's IRA and any company retirement plans such as 401(k)'s). This important but often over-looked strategy is separate from your Living Trust and lets your IRA maximize tax deferral while protecting your desired beneficiaries with spendthrift and creditor protection.