Retirement Plan Distributions

$49.00

Target Audience:  CPAs, EAs, Annual Filing Season Program Participants
Field of Study: Taxation (NASBA); Federal Tax/Tax Related Matters (IRS)

IMPORTANT INFORMATION REGARDING CONTINUING EDUCATION CREDIT: THE IRS ACCEPTS THIS SEMINAR FOR ONE (1) CONTINUING EDUCATION CREDIT FOR ENROLLED AGENTS (EA) AND ANNUAL FILING SEASON PROGRAM (AFSP) PARTICIPANTS. Others, PLEASE CONSULT WITH YOUR RESPECTIVE STATE LICENSING AGENCY REGARDING ACCEPTABILITY OF THIS CREDIT. 

Note: the credit received from this seminar qualifies as continuing education that is required to obtain the voluntary AFSP – record of completion. however, this website does not offer the AFSP annual federal tax refresher (AFTR) course.

IRS COMMUNICATIONS AND LIAISON IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. STATE BOARDS OF ACCOUNTANCY HAVE FINAL AUTHORITY ON THE ACCEPTANCE OF INDIVIDUAL COURSES FOR CPE CREDIT. COMPLAINTS REGARDING REGISTERED SPONSORS MAY BE SUBMITTED TO THE NATIONAL REGISTRY OF CPE SPONSORS THROUGH ITS WEBSITE: WWW.LEARNINGMARKET.ORG

DISCLAIMER: THIS SEMINAR WAS FILMED IN CHICAGO, ILLINOIS, ON JULY 25, 2019, AND THE INFORMATION WAS CORRECT AT THE TIME OF RECORDING.

The IRS Tax Exempt Government Entities Division presented this seminar at the 2019 IRS Nationwide Tax Forum.
In this session, you’ll learn when you can and when you must take money out of your IRA and retirement plan. Also, the Tax Cuts and Jobs Act (TCJA) and guidance on federally-declared natural disaster areas made several changes to certain distribution options in IRAs and retirement plans.

This session will discuss:
• when you can take a distribution from your retirement plan;
• enhanced distribution options in federally-declared disasters areas;
• required minimum distributions from your retirement plan and IRA;
• required distributions to beneficiaries after death; and
• how tax reform affected retirement plans, namely;
• employees that terminate with outstanding plan loans; and
• recharacterizing Roth conversions.

By the end of this presentation, you will be able to:
• Determine when you can take distributions from a retirement plan
• Identify enhanced distribution options in federally declared disaster areas
• Discuss when a required minimum distribution from a retirement plan or IRA apply
• Apply Required distributions to beneficiaries’ rules after death
• List the two main changes affecting retirement plans due to the Tax Cuts and Jobs Act (TCJA)

No prerequisites or advanced preparation are required for this seminar.

Price: $49.00

Continuing education credit is available for this seminar. If you would like to earn credit for a seminar, you must have an account with the IRS Nationwide Tax Forums Online and purchase the seminar. You can purchase seminars one at a time or as a group. After completing the purchase through PayPal, you will be returned to your status page on www.irstaxforumsonline.com.

NOTE: You have one calendar year from the date of purchase to complete the seminar.

NOTE: Purchasing a seminar via PayPal e-check can take up to 10 business days to post. Your seminar will only appear in your status page after your e-check has cleared.

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