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Qualified Plan Withdrawals FLEXCAST

Available Until

Your Desk

2.0 Credits

Member Price $98.00

Non-Member Price $113.00

Overview

In the ever-evolving domain of retirement planning, staying informed is key. This course offers an in-depth exploration of retirement account distributions, tailored for professionals in tax, accounting, and finance. This course provides a comprehensive understanding of how Qualified Plan provisions may diverge from the Internal Revenue Code, crucial for advising clients accurately. You’ll gain valuable insights into the mechanics of early withdrawals, including QDROs and hardship distributions, and understand the implications of employee loans. With content updated for the latest Secure regulations and SECURE 2.0 changes, the course ensures you’re equipped with the most current knowledge. This course is not just about learning; it’s about applying this knowledge in real-world scenarios, enhancing your ability to guide clients through complex financial decisions with confidence and expertise.

Highlights

Plan conditions. IRC. Designated Roth accounts. Required Minimum Distributions (RMDs). RMDs from Qualified Plan. Lump sum distributions. Tax withholding on distributions. Rollover issues.

Prerequisites

None.

Designed For

CPAs, EAs, and other tax professionals.

Objectives

Recognize when the qualified plan document differs from provisions in the Internal Revenue Code. Understand early withdrawals benefits such as QDROs and hardship distributions. Identify the effect of employee loans.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.

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.

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Non-Member Price $113.00

Member Price $98.00