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.
Rollovers and transfers for owner accounts.
CPAs and other tax professionals.
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. Determine how to fix mistakes, where possible.
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
- Denise Appleby, Western CPE
Non-Member Price $56.00
Member Price $49.00