QAS Self-Study
Basic
CPE Credits
3 Credits: Taxes
Course Description
Tax Treatment of Individual Retirement Arrangements examines taxation issues related to IRAs, compares traditional and Roth IRAs, and addresses the applicable federal rules. The course will focus on contribution limits and tax treatment; taxation of traditional IRA distributions, including regular, early, and lifetime required minimum distributions; qualified and nonqualified Roth IRA distributions; required distributions at death; and IRA rollovers.
Learning Objectives
After completing this course, you will be able to:
Chapter 1
- Apply the rules governing eligibility for and contributions to traditional and Roth IRAs;
- Identify the requirements and benefits related to a spousal IRA;
- Apply the tax treatment rules concerning contributions to and distributions from traditional and Roth IRAs; and
- Distinguish between traditional and Roth IRAdistribution rules.
Chapter 2
- Cite the eligibility and permitted contribution levels applicable to Roth IRAs
- Identify the tax treatment of contributions to and distributions from Roth IRAs
Course Specifics
|
Course ID 823323268 |
Revision Date February 7, 2023 |
Number of Pages 74 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02320-23-S
IRS Federal Tax Law Credits: 3
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02320-23-S
IRS Federal Tax Law Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1890
CTEC Federal Tax Law Credits: 3
CTEC Course Number: 2071-CE-1890
CTEC Federal Tax Law Credits: 3
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.
Course Instructor
Paul J. 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.
Tax Treatment of Individual Retirement Arrangements
$87.00 – $107.00
QAS Self-Study
Basic
CPE Credits
3 Credits: Taxes
Course Description
Tax Treatment of Individual Retirement Arrangements examines taxation issues related to IRAs, compares traditional and Roth IRAs, and addresses the applicable federal rules. The course will focus on contribution limits and tax treatment; taxation of traditional IRA distributions, including regular, early, and lifetime required minimum distributions; qualified and nonqualified Roth IRA distributions; required distributions at death; and IRA rollovers.
Learning Objectives
After completing this course, you will be able to:
Chapter 1
- Apply the rules governing eligibility for and contributions to traditional and Roth IRAs;
- Identify the requirements and benefits related to a spousal IRA;
- Apply the tax treatment rules concerning contributions to and distributions from traditional and Roth IRAs; and
- Distinguish between traditional and Roth IRAdistribution rules.
Chapter 2
- Cite the eligibility and permitted contribution levels applicable to Roth IRAs
- Identify the tax treatment of contributions to and distributions from Roth IRAs
Course Specifics
|
Course ID 823323268 |
Revision Date February 7, 2023 |
Number of Pages 74 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02320-23-S
IRS Federal Tax Law Credits: 3
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02320-23-S
IRS Federal Tax Law Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1890
CTEC Federal Tax Law Credits: 3
CTEC Course Number: 2071-CE-1890
CTEC Federal Tax Law Credits: 3
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.
Course Instructor
Paul J. 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.
Tax Treatment of Individual Retirement Arrangements
$87.00 – $107.00