CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

All New and Current customers who purchase the Premium, Plus, or Core (Total Value Package) 2021 Federal Tax Update or the 2021 Federal and California Update will get the Tax Advisory Complement Bundle for free.

NOTE:

  • New Federal Tax Update customers will get an immediate email with a coupon code for the free course once their Tax Update purchase is complete.
  • Current Customers that purchased the Premium, Plus, or Core (Total Value Package) 2021 Federal Tax Update will get an email with a coupon code to get the Tax Advisory Complement Bundle for free.

Individual Retirement Accounts

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
8 Credits: Taxes

Course Description

This information is important for advisers who are counseling clients on the eligibility, taxation and other rules applicable to individual retirement accounts. Accordingly, the course provides information concerning the tax treatment of contributions, accumulations, transfers and distributions as well as the premature distribution penalties and required minimum distribution penalties that may apply.

By fully understanding the rules applicable to various types of individual retirement accounts, advisers will be better able to meet their clients’ needs.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Discuss the rules governing eligibility and permitted contribution levels for traditional and Roth IRAs.
  • Explain the tax treatment of contributions to and distributions from traditional and Roth IRAs.
  • Describe the benefits of tax-deferred accumulation.
  • Explain the rules concerning permitted IRA investments.
  • Discuss traditional and Roth IRA distribution rules.
  • Explain Coverdell Education Savings Account contribution and distribution rules and their tax implications.
  • Discuss the contribution and distribution rules that apply to SEP IRAs and SIMPLE IRAs.

Course Specifics

Course ID
8212755
Original Release Date
February 24, 2021
Revision Date
February 24, 2021
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01777-21-S
IRS Federal Tax Law Credits: 8
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1565
CTEC Federal Tax Law Credits: 8

Course Instructor

Paul J. Winn Headshot
Paul J. Winn CLU ChFC

Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.

Individual Retirement Accounts

Expert Instructors
Format
CPE CREDITS
8 Credits: Taxes

$232.00$262.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
8 Credits: Taxes

Course Description

This information is important for advisers who are counseling clients on the eligibility, taxation and other rules applicable to individual retirement accounts. Accordingly, the course provides information concerning the tax treatment of contributions, accumulations, transfers and distributions as well as the premature distribution penalties and required minimum distribution penalties that may apply.

By fully understanding the rules applicable to various types of individual retirement accounts, advisers will be better able to meet their clients’ needs.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Discuss the rules governing eligibility and permitted contribution levels for traditional and Roth IRAs.
  • Explain the tax treatment of contributions to and distributions from traditional and Roth IRAs.
  • Describe the benefits of tax-deferred accumulation.
  • Explain the rules concerning permitted IRA investments.
  • Discuss traditional and Roth IRA distribution rules.
  • Explain Coverdell Education Savings Account contribution and distribution rules and their tax implications.
  • Discuss the contribution and distribution rules that apply to SEP IRAs and SIMPLE IRAs.

Course Specifics

Course ID
8212755
Original Release Date
February 24, 2021
Revision Date
February 24, 2021
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-01777-21-S
IRS Federal Tax Law Credits: 8
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1565
CTEC Federal Tax Law Credits: 8

Course Instructor

Paul J. Winn Headshot
Paul J. Winn CLU ChFC

Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.

Individual Retirement Accounts

Expert Instructors
Format
CPE CREDITS
8 Credits: Taxes

$232.00$262.00

Clear