Tax Treatment of Individual Retirement Arrangements (Currently Unavailable)

Author: Paul J. Winn

Find out what you need to know about the tax treatment rules concerning contributions to and distributions from traditional and Roth IRAs and how to apply them.

Publication Date: March 2019

Designed For
Tax practitioners; including Enrolled Agents and Registered Tax Return Preparers.

Topics Covered

• Defined Benefit Plans
• Defined Contribution Plan Characteristics
• Target Benefit Plans
• Profit Sharing Plans
• 401(k) Plans
• Tax Sheltered Annuity 403(b) Plan
• Simplified Employee Pension (SEP)
• SIMPLE Plans
• Employer Retirement Plan Contributions
• Taxation of Qualified Plan Distributions
• Cost Basis
• Lump-Sum Distributions
• Periodic Payment Distributions
• Calculating Tax-Free Portion — Simplified Method
• Calculating Tax-Free Portion — General Rule
• Early Distributions
• Required Minimum Distributions
• Non-Cash Distribution
• Rollovers - Eligibility
• Rollovers — Direct & Indirect
• Plan Loans
• Death Benefit Taxation
• Roth Account Distributions
• Annuities

Learning Objectives

• Differentiate between the types of qualified employee plans
• Recognize the limits imposed on qualified employee plan contributions and benefits
• Describe and list the requirements applicable to qualified employee plan loans
• Recognize and apply the federal tax laws to qualified employee plan contributions and distributions
• Recognize the tax treatment of nonqualified annuity distributions
• Identify the tax treatment of annuity contributions and distributions

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None