CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Critical Rules for Moving Retirement Accounts - Part 2

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Taxes

Course Description

One of the most inevitable transactions that will occur in a retirement account is movement of assets, whether between accounts at the same or different financial institutions, or between identical or different types of accounts.

The type of asset movement used can determine whether the movement preserves the tax-deferred status of the account, whether the movement results in unintended distributions and whether the asset movement results in avoidable excise taxes and penalties.

Advisors who understand the rules that apply to these asset movements are better equipped to help their clients use portability strategies that produce intended results. They would be able to help their clients implement strategies can help clients avoid costly mistakes, which range from loss of tax planning opportunities to loss of tax deferred status. Join Denise Appleby, national IRA expert, to learn how you can help clients protect their retirement assets from these mistakes.

      A. Part A: Rollovers and transfers for owner accounts
      B. Part B: Rollovers and transfers for inherited accounts

Bonus: Appleby’s Quick Reference Guide (Chart Sheet) on the transfer and rollover rules for IRAs and Employer Plans

Learning Objectives

Upon completion of this course, participants should be able to:

  • Choose the right method when moving IRAs and employer plan assets;
  • Identify the type of accounts between which assets can be moved;
  • Determine how to avoid unintended distributions with owner and inherited accounts;
  • Help spouse beneficiaries choose the ‘right’ options for moving inherited IRAs; and
  • Determine how to fix mistakes, where possible.

Course Specifics

Course ID
WC1822301759
Revision Date
October 13, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02125-22-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1816
CTEC Federal Tax Law Credits: 1

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

Denise Appleby
Denise Appleby, MJ, CISP, CRC, CRPS, CRSP, APA

Denise Appleby is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA technical consultation, training and resources for financial, tax and legal professionals. Her primary focus is protecting retirement savings from costly mistakes. She has over 20 years of experience in the retirement plans field. Denise writes and publishes booklets and marketing tools for advisors. She has provided training to thousands of advisors about the rules and regulations, as well as compliance and operational requirements that apply to IRAs and retirement plans for small businesses. Denise co-authors books that include The Roth IRA Answer Book, The SEP, SIMPLE, …

Denise Appleby, MJ, CISP, CRC, CRPS, CRSP, APA Read More »

Critical Rules for Moving Retirement Accounts - Part 2

CPE CREDITS
1 Credits: Taxes

$49.00


Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET and Sunday 12pm - 4pm ET.

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Taxes

Course Description

One of the most inevitable transactions that will occur in a retirement account is movement of assets, whether between accounts at the same or different financial institutions, or between identical or different types of accounts.

The type of asset movement used can determine whether the movement preserves the tax-deferred status of the account, whether the movement results in unintended distributions and whether the asset movement results in avoidable excise taxes and penalties.

Advisors who understand the rules that apply to these asset movements are better equipped to help their clients use portability strategies that produce intended results. They would be able to help their clients implement strategies can help clients avoid costly mistakes, which range from loss of tax planning opportunities to loss of tax deferred status. Join Denise Appleby, national IRA expert, to learn how you can help clients protect their retirement assets from these mistakes.

      A. Part A: Rollovers and transfers for owner accounts
      B. Part B: Rollovers and transfers for inherited accounts

Bonus: Appleby’s Quick Reference Guide (Chart Sheet) on the transfer and rollover rules for IRAs and Employer Plans

Learning Objectives

Upon completion of this course, participants should be able to:

  • Choose the right method when moving IRAs and employer plan assets;
  • Identify the type of accounts between which assets can be moved;
  • Determine how to avoid unintended distributions with owner and inherited accounts;
  • Help spouse beneficiaries choose the ‘right’ options for moving inherited IRAs; and
  • Determine how to fix mistakes, where possible.

Course Specifics

Course ID
WC1822301759
Revision Date
October 13, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02125-22-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1816
CTEC Federal Tax Law Credits: 1

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

Denise Appleby
Denise Appleby, MJ, CISP, CRC, CRPS, CRSP, APA

Denise Appleby is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA technical consultation, training and resources for financial, tax and legal professionals. Her primary focus is protecting retirement savings from costly mistakes. She has over 20 years of experience in the retirement plans field. Denise writes and publishes booklets and marketing tools for advisors. She has provided training to thousands of advisors about the rules and regulations, as well as compliance and operational requirements that apply to IRAs and retirement plans for small businesses. Denise co-authors books that include The Roth IRA Answer Book, The SEP, SIMPLE, …

Denise Appleby, MJ, CISP, CRC, CRPS, CRSP, APA Read More »

Critical Rules for Moving Retirement Accounts - Part 2

CPE CREDITS
1 Credits: Taxes

Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET and Sunday 12pm - 4pm ET.

$49.00