IRA Withdrawals FLEXCAST
Available Until
Your Desk
2.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
Individuals have Individual Retirement Accounts (IRAs) that come to them in a number of possible ways: a Rollover IRA is created with funds from an employer plan (including a SEP or Simple Plan); a Traditional IRA is created by the individual themselves and an Inherited IRA could be from any of those sources. Clients need assistance in taking distributions when required and dealing with withdrawals that may lead to penalties. In this course we’ll talk about rollovers, Required Minimum Distributions, IRA investments and exceptions to penalties of all types.
Highlights
IRA Contributions. IRA Withdrawals.
Prerequisites
None.
Designed For
CPAs and other tax professionals.
Objectives
Identify the difference between a rollover and a transfer and resulting tax implications. Learn to calculate distributions that avoid penalties. Determine which penalties apply and how to avoid them.
Preparation
None.
Notice
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.
Leader(s):
Leader Bios
Mary Kay Foss, California CPA Education Foundation
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.
Non-Member Price $113.00
Member Price $98.00