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Mastering RMDs under SECURE 2.0 On-Demand Webinar

Summary

Taxpayers save for retirement through a variety of ways, but whatever the retirement savings vehicle is, there comes a time when contributions must be withdrawn. This webinar discusses how to calculate a taxpayer’s required minimum distribution (RMD), the age the taxpayer needs to be for a qualified distribution and a required RMD, along with the tax implication of distributions and the potential penalties for under-withdrawing. Additionally, we will address tax planning opportunities using a qualified charitable distribution (QCD), SECURE 2.0 and the distribution rules regarding inherited retirement plans.

Objectives

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

  • Identify when taxpayers must take distributions from the various retirement plans
  • Calculate the required minimum distribution (RMD)
  • Summarize how to calculate, report, correct and request a waiver for the penalty when an RMD is not taken
  • Explain the impact of making a QCD
  • Explain the various distribution rules for inherited retirement plans

Course Details

This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.






   

Presented by: Kelly Lent-Paul, EA, CFP®

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