2 Credits: Taxes
Retirement accounts are a critical asset for most of your clients. They need your assistance if they need to take distributions before retirement due to divorce, college education or a home purchase. Articles abound about the availability of retirement funds but the IRS rules often conflict with the Qualified Plan provisions. This course covers withdrawals, before and after retirement and has been updated for proposed Secure regulations and changes made by SECURE 2.0.
Upon completion of this course, participants will be able to:
- Recognize when the qualified plan document differs from provisions in the Internal Revenue Code,
- Understand early withdrawals benefits such as QDROs and hardship distributions; and
- Identify the effect of employee loans.
March 28, 2023
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02335-23-O
IRS Federal Tax Update Credits: 2
CTEC Course Number: 2071-CE-1903
CTEC Federal Tax Update 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 registration 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. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Mary Kay Foss CPA is a frequent lecturer for professional and business groups. She has over thirty years of practical experience advising about retirement, income and estate planning issues. Ms. Foss is a member of the AICPA Individual and Self-Employed Technical Resource Panel, past chair of the AICPA Trust Estate and Gift Tax Technical Resource Panel and past chair of both the Estate Planning and the Taxation Committee of CalCPA. She is also past president of the Estate Planning Councils of Diablo Valley and East Bay and the East Bay Chapter of CalCPA. She teaches classes for CalCPA and has …