Session # 1: Critical Rules for Moving Retirement Accounts

This four-part masterclass with expert Denise Appleby will involve a comprehensive review of the distribution and portability rules for Traditional IRAs, Roth IRAs, and Employer Plans. Participants will learn how to help protect clients from losing retirement savings due to unintentional distributions, bad rollovers, and confusion about the qualification requirements for avoiding excise taxes. These courses will explain how you can help your clients avoid these errors.

This first session will focus on critical rules for moving retirement accounts for owners; i.e. transfers rollovers, roth conversions. When moving IRS and employee plan accounts, the goal is usually to retain tax-deferred status. But one wrong move, one simple mistake, can produce the opposite result—immediate taxability! This course covers the rules that apply to Rollovers and Roth conversions and how to execute these transactions in accordance with the tax code, regulations, and IRS rules.

*CE/CPE Eligible: 2.0 CE credits are available to FEN Members with these designations: IAR, CFP, CLU, ChFC and RICP. CPA members will earn 2.0 CPE credits. 

Field of Study: Specialized Knowledge

Prerequisites: There are no prerequisites for this session.

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

NASBA Approved

Financial Experts Network (Sponsor Id#: 145173) 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.nasbaregistry.org.