Tax Implications of Retirement Distributions Webinar

Summary

Most employers offer some form of retirement plan to which employees may contribute. Many taxpayers also make contributions to traditional or Roth IRA accounts each year. Whichever the retirement savings vehicle they choose, there comes a time when contributions must be withdrawn, which can be anything but simple. This webinar will teach you to advise your clients of decisions based on their individual situations relating to the age at which they should withdraw, and the amount, along with tax implications of distributions and potential penalties for underwithdrawing. We’ll also review the rules that must be followed when a taxpayer inherits a retirement account.

Objectives

Upon completion of this course, you will be able to:

  • Recognize the difference between various retirement plans.
  • Comprehend when taxpayers must take distributions from various retirement plans.
  • Calculate how much the required minimum distribution must be.
  • Summarize how to calculate, report, correct, and request a waiver for the penalty when a required minimum distribution is not taken.
  • Identify the various distribution options for inherited retirement plans.

Course Details

Our researchers will answer your questions during the presentation. This webinar includes the presentation slides, Attendee Top Questions and access to the webinar recording.






   

Presented by: Jaye Tritz, EA, CFP®

​​​​​How to Earn CPE

​To receive full credit for a webinar, you must respond to at least 70% of the polling questions that are asked by the instructor during the webinar and you must be logged in for at least 90% of the presentation.

Please allow up to 7 days for us to verify attendance and issue certificates.

Cancellation Policy

Because this is an online education offering, it is nonrefundable.

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