Retirement Planning Contributions & Distributions
Date: Tuesday, May 6, 2025
Instructor: Daniel Johnson
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This course focuses on the hierarchy of preferred tax-saving retirement vehicles and strategies for tax-efficient drawdown. Participants will learn to navigate contribution and distribution rules, avoid penalties, and optimize retirement savings for maximum tax efficiency.
Topics Covered
- Hierarchy of tax-advantaged retirement vehicles (401(k), IRA, Roth IRA, HSA, etc.)
- Tax rules and penalties for contributions, excess contributions, and withdrawals
- Tax-efficient drawdown strategies for retirement accounts
- Coordinating withdrawals with other income sources for optimal tax outcomes
- Key rules, such as early withdrawal penalties, RMDs, and qualified exemptions
Learning Objectives
- Identify the hierarchy of preferred tax-saving retirement vehicles
- Evaluate the tax benefits and limitations of various retirement accounts
- Understand the rules, penalties, and exceptions related to retirement contributions and distributions
- Develop tax-efficient strategies for drawing down retirement accounts.
- Apply planning techniques to optimize savings and minimize tax liabilities during retirement
Level
Overview
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
