September 29, 2022
IRA Basic Issues
9:00 a.m. - 4:00 p.m.
- IRA Terminology – Top 20 Terms
- Explanation of IRA Forms - Not Forms Specific – (Please bring your own forms including Application, Contribution form, Distribution, Rollover Review or Certification and any other commonly used forms)
- Beneficiary Designations including Primary and Contingent, Trusts and Estates
- Qualifications, 2022 Contribution, Income Phase-out limits, Age Limits and other new regulations for a:
- Traditional IRA
- Roth and Conversion Roth
- SEP IRAs contributions and IRS reporting
- Differences between “postponed” and “repayment” contributions.
September 30, 2022
IRA Intermediate/Advanced Issues
9:00am – 3:00pm
- Updated legislative regulations on IRAs as the result of the SECURE 1.0 and 2.0 and the 2022 Cost of Living Adjustments
- QP Rollovers and IRA Rollovers and Transfers
- Distributions
- New rules on Federal Income Tax Withholding
- Before age 59½ - reporting the penalty exceptions
- At age 72 beginning in 2021 – including mandatory notices
- 9 Biggest Mistakes of IRA Beneficiary Payouts
- Rules on new proposed rules on nonspouse beneficiary payout requirements beginning in 2022
- Overview and Explanation of IRS Reporting Requirements