IRAs, Roth IRAs, SEPs and SIMPLE Plans – Webcast
Online
8.0 Credits
Member Price $310.00
Non-Member Price $385.00
Overview
Tightening down the hatches and intelligently using tax breaks to help leverage one’s future is critical to being able to retire and retire well. This course locks down on building a future to count on via a thorough exploration of all tax and asset protection aspects individual retirement accounts and related arrangements.
Highlights
- SECURE 1.0 and SECURE 2.0 Act changes to contributions, required beginning dates (RBDs) and distributions - Biggest changes in 20 years
- Deductible, nondeductible, spousal, conduit, traditional and Roth IRAs
- Qualification requirements, investment restrictions and prohibited transactions
- Income tax reporting and disclosure rules and income tax withholding requirements
- Early distribution penalties and how to avoid them
- Conversion from traditional to Roth IRA, recharacterization and reconversion SEP and SIMPLE plans: eligibility, employee elective share and matching and distributions
- Rollovers, trustee to trustee transfers to/from IRAs, qualified plans and decedents
- Self directed IRAs dos, don'ts, upside and treachery
- Forced distributions at retirement and after death
- Estate planning: avoiding IRD problems, funding marital bequests, special Roth features, charitable giving and estate liquidity planning
- Self Directed IRAs opportunities and steering clear of trouble
- Fabulous college planning/wealth building in children via IRAs and stretch IRAs
Designed For
CPAs and other interested persons who wish to grasp cradle to grave IRA and retirement planning; engage in income and estate tax planning; prepare tax returns; and wish to personally retire from work before they die.
Objectives
- To identify IRA and individual retirement plan income and estate tax planning maneuvers
- Investigate asset protection features of retirement savings vehicles and explore foundational requirements, operational boundaries, opportunities and pitfalls of IRAs, Roth IRAs, SIMPLE plans and SEP plans from the individual retirement perspective
Leader(s):
Leader Bios
Bradley Burnett, Attorney at Law, Bradley Burnett Tax Seminars LTD
Bradley Burnett, J.D., LL.M., is a practicing Colorado tax attorney with 33 years of tax practice experience. His practice emphasis is on tax planning and tax controversy resolution. He also prepares a handful of tax returns. Prior to establishing his own law firm in 1990, he practiced tax accounting with national and local CPA firms, worked as a trust officer for a Denver bank and managed the tax department as partner in a medium-sized Denver law firm. After receiving his undergraduate degree in accounting and law degree (J.D.), he earned a Master of Laws (LL.M.) in Taxation from the University of Denver School of Law Graduate Tax Program.
Mr. Burnett has delivered more than 3,000 presentations on U.S. tax law throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored texts of 35 CPE courses. Bradley served as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch hit teaching the IRS practice and procedure topic. He has appeared on television answering tax questions for call-in viewers of Denver NBC affiliate KUSA Channel 9. Brad received the Illinois Society of CPAs Instructor Excellence Award for teaching in Chicago and five times has been the top rated, most requested instructor for CPA Society annual tax conferences. Burnett's seminar style is to deliver the subject matter in briskly paced, enthusiastic and witty fashion. His forte' is the candid communication of practical ideas relating to tax law.
(9/17/20)
Non-Member Price $385.00
Member Price $310.00