IRA Course

As a tax professional considering adding investment planning to your tax practice, a natural place to start is helping your clients with retirement planning. A powerful tool to help clients retire in dignity is the Individual Retirement Account (IRA). What is the difference between Traditional and Roth IRAs? How can the Stretch IRA help with estate planning? This series gives you a better understanding of both Traditional and Roth IRAs and some of the decisions that your clients may face in planning for their retirement. Also, many clients may come to you with questions about what to do with their employee retirement plans when they retire or change jobs. This rollover situation creates a tremendous opportunity to help existing clients and grow your business at the same time.

Objectives

At the completion of the IRA series, you will be able to answer the following questions:

How do Roth IRAs and Traditional IRAs differ?
Why were IRAs created?
How do they work (eligibility, deductibility limits, contribution limits, deadlines)?
What is the difference between a rollover and a transfer?
How can penalty-free distributions be taken?
What are Required Minimum Distributions (RMDs)?
What options are available for beneficiaries?
What is a stretch IRA concept?

Prerequisites / Advanced Preparation / Program Level

There is no advanced preparation needed for this series, but note that IRA Basics is a prerequisite for the other two sessions, and IRA Intermediate is a prerequisite for the IRA Advanced session. Therefore, it is best to take the sessions in the order they are presented.

This IRA series qualifies for two CPE credits that can be applied toward the requirements of a CPA, CFP^® , CLU or ChFC designation. Additionally, it qualifies for one CPE credit that can be applied to an EA designation. To receive CE credit, all three sessions must be completed and each quiz submitted.

Time

This session takes approximately one hour and 45 minutes to complete.

Delivery /Registration

The IRA series is a prerecorded session that can be accessed at any time.

Begin IRA Course (Requires Adobe® Flash)