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Guide to Individual Retirement Accounts ON DEMAND

Available Until

Your Desk

1.0 Credits

Member Price $145.00

Non-Member Price $167.00

Overview

Individual retirement accounts (IRAs) are used to defer the recognition of income. In the Guide to Individual Retirement Accounts course, we discuss the various types of IRAs, caps on contributions to them, the deductibility of these contributions, required minimum distributions, and several related topics. The intent is to demonstrate how to maximize the deferral of income recognition while also minimizing the taxes and penalties associated with these accounts.

Highlights

IRA. Roth IRA. Caps on IRA contributions. Rollover options. Allowable distributions. Taxability of IRA interest. Inherited IRAs. Applicable tax forms.

Prerequisites

None.

Designed For

CPAs, CEOs, CFOs, and other tax professionals.

Objectives

Identify the characteristics of the different types of individual retirement accounts. Specify the criteria under which distributions can be made from individual retirement accounts. Recall the rules for contributing assets to an individual retirement account. Specify the allowable investment options for an individual retirement account.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $167.00

Member Price $145.00