Retirement account balances hit a record high, reaching $36.7 Trillion in the Second Quarter of 2023. This increased balance is excellent news for retirement account owners and their beneficiaries. But sadly, retirement account balances could be lost to avoidable taxes and penalties because of mistakes and/or unfamiliarity with the governing rules. In this webinar, retirement expert, Denise Appleby, explained how these mistakes are often made and what you can do to protect your clients’ IRAs. Topics Denise also covered include real-life case studies and practical examples.
Please note: Quiz is for informational purposes only. It is not eligible for Continuing Education (CE) credit. Please click here if you would like to view our CE-eligible self-study courses.
There was so much "good" stuff it's difficult to name just a few. Make a checklist for IRA rollovers; making sure to review the account statements before a rollover; the custodian does not withhold the 10% penalty.
- Kathleen C.
Great review and reminders of all the rule changes the past couple of years and what is coming in the future
- Heather C.
One of the main new things I learned about is the Form 5329 for requesting waivers of the excise tax
- Inez S.
Attendees Comments:
There was so much "good" stuff it's difficult to name just a few. Make a checklist for IRA rollovers; making sure to review the account statements before a rollover; the custodian does not withhold the 10% penalty.
- Kathleen C.
Great review and reminders of all the rule changes the past couple of years and what is coming in the future
- Heather C.
One of the main new things I learned about is the Form 5329 for requesting waivers of the excise tax
- Inez S.