CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Features and Benefits of SEP IRAs and SIMPLE IRAs

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
2 Credits: Taxes

Course Description

Small business owners understand that they are the ones responsible for saving for their retirement. Unlike many employees who work for large corporations that provide retirement benefits, small business owners must provide those benefits for themselves. A primary means of doing so is to set up retirement savings plans for their businesses to cover themselves and their employees. However, many hesitate to start the process because they are intimidated by the governing rules. In those cases, starting with an IRA-based retirement plan is an easy, effective, and efficient way to start the process. These IRA-based plans – SEP IRAs and SIMPLE IRAs – are low cost maintenance, easy to communicate to employees, and flexible, providing the business owners with choice of whether to fund the plan from year to year.

Learning Objectives

Upon completing this course, participants will be able to:

  • Help small business owners understand why they need to adopt retirement plans for themselves and their employees;
  • Identify key features and benefits of SEP IRAs and SIMPLE IRAs;
  • Determine which employees must be covered under SEP IRAs and SIMPLE IRAs;
  • Determine the steps that businesses should take to establish SEP IRAs and SIMPLE IRAs; and
  • Explain the operational and administrative requirements for SEP IRAs and SIMPLE IRAs.

Course Specifics

Course ID
WC1822302822
Revision Date
October 20, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02136-22-O
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1825
CTEC Federal Tax Law Credits: 2

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 »

Features and Benefits of SEP IRAs and SIMPLE IRAs

CPE CREDITS
2 Credits: Taxes

$98.00


Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET and Sunday 12pm - 4pm ET.
This webcast is 2 hours in length so you must start it before 06:00 pm ET.
Start within 9 hour(s) and 41 minutes to watch today.

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
2 Credits: Taxes

Course Description

Small business owners understand that they are the ones responsible for saving for their retirement. Unlike many employees who work for large corporations that provide retirement benefits, small business owners must provide those benefits for themselves. A primary means of doing so is to set up retirement savings plans for their businesses to cover themselves and their employees. However, many hesitate to start the process because they are intimidated by the governing rules. In those cases, starting with an IRA-based retirement plan is an easy, effective, and efficient way to start the process. These IRA-based plans – SEP IRAs and SIMPLE IRAs – are low cost maintenance, easy to communicate to employees, and flexible, providing the business owners with choice of whether to fund the plan from year to year.

Learning Objectives

Upon completing this course, participants will be able to:

  • Help small business owners understand why they need to adopt retirement plans for themselves and their employees;
  • Identify key features and benefits of SEP IRAs and SIMPLE IRAs;
  • Determine which employees must be covered under SEP IRAs and SIMPLE IRAs;
  • Determine the steps that businesses should take to establish SEP IRAs and SIMPLE IRAs; and
  • Explain the operational and administrative requirements for SEP IRAs and SIMPLE IRAs.

Course Specifics

Course ID
WC1822302822
Revision Date
October 20, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02136-22-O
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1825
CTEC Federal Tax Law Credits: 2

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 »

Features and Benefits of SEP IRAs and SIMPLE IRAs

CPE CREDITS
2 Credits: Taxes

Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET and Sunday 12pm - 4pm ET.
This webcast is 2 hours in length so you must start it before 06:00 pm ET.
Start within 9 hour(s) and 41 minutes to watch today.

$98.00