The WSCPA office is closed except for special events and prearranged visits due to the Coronavirus pandemic.

You can reach staff during business hours via phone, email or live chat. Our contact information is in the lower left of this page. We are following state, county and CDC guidelines.

The WSCPA office has moved.

New address: 170 120th Ave NE Ste E101, Bellevue, WA 98005

Learn More

Retirement Penalties and Rollover Issues WEBCAST

Tuesday, August 16 10:00am - 12:00pm PDT

Add to Calendar

Your Desk

2.0 Credits

Member Price $89.00

Non-Member Price $119.00


Early distribution penalties and 60-day rollover failures are prevalent issues that tax preparers must handle despite the size of the firm or the wealth of your clients. There are penalty exceptions and waivers, but some issues have no possible resolution.


History of the 60-day rule and recent developments. Rulings and self-certification. Exceptions to the ten percent penalty. What the IRS knows: Forms 1099R and 5498. Form 5329 use and strategies.



Designed For

CPAs, tax staff and other tax professionals.


Recall exceptions from the 10% penalty for early distributions from retirement plans, IRAs and annuities. Consider the far reach of the once per year rollover rule and what circumstances have fatal consequences. Recognize the difference between rollovers and transfers.






Leader Bios

Mary Kay Foss

Mary Kay Foss, CPA, a director with Sweeney Kovar LLP, has more than 30 years of practical experience in advising clients about retirement, income and estate planning issues. She is a frequent lecturer for community, professional and business groups and has authored and presented courses for tax professionals throughout California.

Foss is past chair of both the CalCPA Estate Planning Committee and the Committee on Taxation. She is a past president of the Estate Planning Council of Diablo Valley, the East Bay Chapter of CalCPA and the Estate Planning Council of the East Bay. She is a member of the AICPA Trust, Estate and Gift Tax Technical Resource Panel and has been quoted in California CPA magazine, as well as national publications.

Return to Top

Non-Member Price $119.00

Member Price $89.00