CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Tax Treatment of Retirement Plans, Pensions and Annuities

Icon_Self-Study
Self-Study
Icon_Level
Basic
Credits
CPE Credits
3 Credits: Taxes

Course Description

This course discusses the federal income tax treatment of and limitations related to qualified employee plan contributions and distributions and commercial annuity contracts. It examines the qualified plan limits and income taxability of employer and employee contributions (including designated Roth account contributions); plan loans; life insurance contained in the plan; plan distributions, including distributions as periodic payments and nonperiodic payments; required minimum distributions; and rollovers. Also covered are the tax treatment of lump-sum distributions and periodic payments received under commercial annuity contracts.

Learning Objectives

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

Chapter 1

  • List the types and characteristics of qualified employee plans.
  • Identify the limits imposed on qualified employee plan contributions and benefits and the rules governing rollovers to and from qualified employee plans.
  • Cite the requirements applicable to qualified employee plan loans and their tax treatment.
  • Explain the rules governing rollovers to and from qualified employee plans.

Chapter 2

  • Identify the tax treatment of loans from qualified plans.
  • Cite the federal tax laws to qualified employee plan contributions and distributions.

Chapter 3

  • List the principal types of annuities.
  • Identify the principal characteristics of deferred and immediate annuities.
  • Identify the tax treatment of annuity contributions, distributions taken as an annuity, surrenders, loans, and withdrawals.

Course Specifics

Course ID
8162547
Revision Date
January 16, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-00949-16-S
IRS Federal Tax Law Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0922
CTEC Federal Tax Law Credits: 3

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.

Tax Treatment of Retirement Plans, Pensions and Annuities

Expert Instructors
Format
CPE CREDITS
3 Credits: Taxes

$87.00$107.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Basic
Credits
CPE Credits
3 Credits: Taxes

Course Description

This course discusses the federal income tax treatment of and limitations related to qualified employee plan contributions and distributions and commercial annuity contracts. It examines the qualified plan limits and income taxability of employer and employee contributions (including designated Roth account contributions); plan loans; life insurance contained in the plan; plan distributions, including distributions as periodic payments and nonperiodic payments; required minimum distributions; and rollovers. Also covered are the tax treatment of lump-sum distributions and periodic payments received under commercial annuity contracts.

Learning Objectives

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

Chapter 1

  • List the types and characteristics of qualified employee plans.
  • Identify the limits imposed on qualified employee plan contributions and benefits and the rules governing rollovers to and from qualified employee plans.
  • Cite the requirements applicable to qualified employee plan loans and their tax treatment.
  • Explain the rules governing rollovers to and from qualified employee plans.

Chapter 2

  • Identify the tax treatment of loans from qualified plans.
  • Cite the federal tax laws to qualified employee plan contributions and distributions.

Chapter 3

  • List the principal types of annuities.
  • Identify the principal characteristics of deferred and immediate annuities.
  • Identify the tax treatment of annuity contributions, distributions taken as an annuity, surrenders, loans, and withdrawals.

Course Specifics

Course ID
8162547
Revision Date
January 16, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-00949-16-S
IRS Federal Tax Law Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0922
CTEC Federal Tax Law Credits: 3

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.

Tax Treatment of Retirement Plans, Pensions and Annuities

Expert Instructors
Format
CPE CREDITS
3 Credits: Taxes

$87.00$107.00

Clear