Fast Track Retirement Planning ON DEMAND

Overview

We are all getting older, and the need for effective retirement planning has never been greater. This course is essential for participants who wish to attain a comfortable retirement for themselves and their clients by maximizing tax-saving strategies. Retirement income needs are calculated; net after-tax Social Security benefits are determined; and distribution options from IRAs and retirement plans are explored. Special consideration is given to the tax treatment of the home and business on retirement. Buy-sell agreements are discussed, and eldercare planning is examined.

Highlights

How much do you need to retire? Defining retirement. Determining retirement costs and income needs. savings and assets. Social Security benefits and retirement planning. Retirement benefits. Total disability benefits. Retirement plans. Corporate plans. Defined benefits and contributions. Premature distributions. Minimum distribution rules. Postponement of income, and more.

Prerequisites

None.

Designed For

CPAs.

Objectives

Recognize the importance of personal retirement maps to suit client objectives and lifestyles and summarize the basic guidelines of retirement planning, including common pitfalls and misconceptions of retirement. Determine retirement using the major levels of retirement and key questions that have financial and personal ramifications. Identify retirement costs and income needs of clients cased on their current budget, recognize tax savings strategies, and identify guidelines when purchasing investment assets.

Preparation

None.

Notice

None.