Webinar

IRAs: Contributions and Distributions for Traditional, Roth, SEP and SIMPLE IRAs

If you have questions about this event, please call us at 952-831-2707.

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This comprehensive training is designed to get the accountant up to speed quickly with the different types of individual retirement accounts (IRAs). The cornerstone of the course is an in-depth coverage of the contribution and distribution rules to the Traditional, Roth, Simplified Employee Pension (SEP) and Savings Incentive Match Plan for Employees (SIMPLE) IRAs. The course will also discuss the basics of the health savings account (HSA) as well as any newly enacted tax legislation related to IRAs.

Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com

Major subjects

• An emphasis on newly enacted tax legislation affecting IRAsincluding the NEW final required minimum distribution (RMD) regulations
• Contribution limits to and tax treatment of distributions from Traditional, Roth, SEP and SIMPLE IRAs
• Deductible phase-out

Learning objectives

• Compare and contrast the tax and non-tax advantages and disadvantages of the various IRAs (i.e. Traditional, Roth, SEP, SIMPLE and HSAs)
• Calculate the maximum contributions to and taxable distributions from the various IRAs
• List the exceptions to the 10% early withdrawal penalty from IRAs
• Explain the rules and compute the required minimum distribution (RMD) from the IRAs during an account owner's life (i.e., turns age 72 ½) and after their death

Who should take this program?

• Professionals that advise clients on all aspects of IRAs and want to maximize retirement plan contributions, minimize the taxes on distributions and learn the ins and outs of distributions from these accounts.

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $300.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.