This course is important for advisers who are counseling clients on the eligibility, taxation and other rules applicable to individual retirement accounts. Accordingly, the course provides information concerning the tax treatment of contributions, accumulations, transfers and distributions as well as the premature distribution penalties and required minimum distribution penalties that may apply.
By fully understanding the rules applicable to various types of individual retirement accounts, advisers will be better able to meet their clients’ needs.
Learning Objectives
1. Discuss the rules governing eligibility and permitted contribution levels for traditional and Roth IRAs.
2. Explain the tax treatment of contributions to and distributions from traditional and Roth IRAs.
3. Describe the benefits of tax-deferred accumulation.
4. Explain the rules concerning permitted IRA investments.
5. Discuss traditional and Roth IRA distribution rules.
6. Explain Coverdell Education Savings Account contribution and distribution rules and their tax implications.
7. Discuss the contribution and distribution rules that apply to SEP IRAs and SIMPLE IRAs.
To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.
Upon course completion A course evaluation form is provided for your feedback.
Participants have 1 year from the date of purchase/enrollment to complete this course
Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/