IRAs and Conversions
Author: Greg White
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. 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 covers the essentials of IRAs. We’ll go well beyond the basics to cover crucial topics: when to convert traditional IRAs to Roth IRAs, how to minimize tax on conversion, and when clients should recharacterize IRA contributions (and how to recharacterize). We’ll also cover the special requirement minimum distribution rules that apply to Roth IRAs.
Publication Date: October 2025
Designed For
Tax professionals who want a strategic perspective on conversion opportunities.
Topics Covered
- The basics of IRAs
- Clients who should convert traditional IRAs to Roth IRAs
- Backdor Roths
- The amazingly favorable required minimum distribution rules that apply to Roth IRAs
- Tax years when converting makes the most sense
- Determine who are the ideal beneficiaries of a particular IRA
- How to decide in the face of uncertainty over future tax rates
Learning Objectives
- Identify clients who should convert traditional IRAs to Roth IRAs
- Recognize the best time to convert a traditional IRA
- Identify special planning considerations for clients who are on Medicare or will be on Medicare in the following two years
- Determine who are the ideal beneficiaries of a particular IRA
- Recognize the benefits of backdoor Roth IRAs
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Some background in Federal taxes.
Advance Preparation
None
