Roth IRAs and Designated Roth Accounts ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $174.00
Non-Member Price $200.00
Overview
In the evolving landscape of retirement planning, Roth IRAs have emerged as a popular choice, especially among those born in the 1990s. However, advising clients on whether a Roth IRA is the right choice involves navigating a complex set of rules ranging from contributions and conversions to distributions and beneficiary designations. The introduction of the SECURE 2.0 Act further complicates this scenario, bringing changes that professionals must stay abreast of. This complexity can be overwhelming, leading to uncertainty in providing sound financial advice. This course offers a comprehensive solution to these challenges. It is designed to provide a deep understanding of Roth IRAs and Designated Roth Accounts, covering all critical aspects from contributions to the recent changes brought about by SECURE 2.0. You will learn to recognize who can contribute to a Roth IRA or Designated Roth Account, enabling you to offer well-informed, strategic advice to your clients. This course is essential for professionals seeking to guide their clients effectively in making informed retirement and estate planning decisions.
Highlights
AGI limits. Roth contributions. Modified adjusted gross income. Designated Roth account. Roth conversions. Early withdrawal penalty tax.
Prerequisites
None.
Designed For
CPAs, EAs, and other tax professionals.
Objectives
Recognize who can contribute to a Roth IRA or designated Roth account.
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 $200.00
Member Price $174.00