Tax Implications of Retirement Distributions On-Demand 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 Whichever the retirement savings vehicle they choose, there comes a time when contributions must be withdrawn, which can be anything but simple.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

This webinar includes the presentation slides, exam questions, live webinar recording with review questions, and Attendee Top Questions. CPE is issued after exam is successfully completed.






   

Presented by: Jaye Tritz, EA, CFP®

How to Earn CPE

To receive credit for this on-demand webinar, you must make at least one attempt to answer each of the review questions included with the webinar video. You also must successfully pass the course exam with a score of 70% or better.

The course and exam will expire one year from the date of purchase.

Cancellation Policy

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

eweb keepalive image