Retirement Plan Beneficiaries ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $351.00
Non-Member Price $404.00
Overview
Retirement Plan Beneficiaries is an essential course for financial professionals seeking to enhance their advisory services in retirement planning. This course delves into the intricacies of beneficiary designations for retirement accounts, a critical aspect often overlooked or misunderstood by clients. Participants will gain valuable insights into the importance of retirement plan beneficiaries, the strategic use of trusts as beneficiaries, and the distinction between Designated and Eligible Designated Beneficiaries. By mastering these concepts, professionals can offer their clients informed advice, ensuring optimal estate planning and tax efficiency. This course, updated with the latest proposed Secure regulations, equips attendees with the knowledge to guide clients through the complex process of beneficiary designation, ensuring their retirement plans align seamlessly with their estate planning goals.
Highlights
Significance of the retirement plan beneficiary. When to designate a beneficiary. New class of beneficiary. Primary vs. contingent. Beneficiary required distributions. Trusteed IRA.
Prerequisites
None.
Designed For
CPAs, EAs, and other financial professionals.
Objectives
Recognize the significance of the retirement plan beneficiary. Determine the reasons a trust may be named as a beneficiary. Learn the difference between a designated beneficiary and an eligible designated beneficiary.
Preparation
None.
Notice
None.
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 $404.00
Member Price $351.00