Tax Treatment of Individual Retirement Arrangements - Updated for 2024
SKU: 02-256-01-CPE
Credit Hours: 4
CPE Category: Taxes
CE Category: Federal Tax
Delivery Method: Online PDF
Instructor: Paul J. Winn CLU ChFC
Course Description:
This course examines the taxation of individual retirement arrangements (IRAs). In so doing, it discusses traditional and Roth IRAs, addressing the federal rules concerning contribution limits and tax treatment, tax treatment of traditional IRA distributions, tax treatment of qualified and nonqualified Roth IRA distributions, required distributions at death, and IRA rollovers.
Upon completion of this course, you should be able to:
- Apply the rules governing eligibility for and contributions to traditional and Roth IRAs
- Identify the requirements and benefits related to a spousal IRA
- Apply the tax treatment rules concerning contributions to and distributions from traditional and Roth IRAs
- Distinguish between traditional and Roth IRA distribution rules.