Individual Retirement Accounts (ondemand webinar®)

  • Credits: 4
  • Format: OnDemand® Webinar
  • Field of Study: Federal Tax Law
  • Author/Speaker: Andrew Clark
Course ID: Advanced Preparation: Experience Level:
EWTFM-T-01662-20-O | 6233-CE-0381 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© Sept 2020 General Understanding of Taxation eBook | Self-Study Video | Self-Study Audio | Live Webinar
COURSE DESCRIPTION

Individual retirement accounts are investing tools that permit individuals to set aside money for retirement in a way that is preferential from a tax standpoint. This course will review the following types of IRA account types: Traditional IRAs, Roth IRAs, SIMPLE IRAs, and SEP IRAs.

Topics include:
  • This course will describe who is allowed to open and contribute to an IRA account during the taxable year.
  • This course will identify when contributes are deductible and when they are not deductible.
  • This course will describe the time allowed to rollover distributions and the ramifications of not completing rollovers within the allotted time.
  • Finally, this course will describe when taxpayers are permitted to take distributions from an IRA account.

 

Who Should Attend:
  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

 

Qualifies and Approved with All State Boards of Accountancy and the following sponsorship’s:
NASBA
IRS
CTEC