CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Tax Treatment of Individual Retirement Arrangements

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

Course Description

Updated for Secure Act 2020 

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 non-qualified Roth IRA distributions; required distributions at death; and IRA rollovers.

Learning Objectives

Upon successful completion of this course, participants 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 IRA distribution 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
8152538
Revision Date
May 27, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01028-16-S
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0994
CTEC Federal Tax Law Credits: 2

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 Individual Retirement Arrangements

Expert Instructors
Format
CPE CREDITS
2 Credits: Taxes

$58.00$78.00

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

Course Description

Updated for Secure Act 2020 

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 non-qualified Roth IRA distributions; required distributions at death; and IRA rollovers.

Learning Objectives

Upon successful completion of this course, participants 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 IRA distribution 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
8152538
Revision Date
May 27, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01028-16-S
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0994
CTEC Federal Tax Law Credits: 2

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 Individual Retirement Arrangements

Expert Instructors
Format
CPE CREDITS
2 Credits: Taxes

$58.00$78.00

Clear