Tax Treatment of Retirement Plans, Pensions, and Annuities (Currently Unavailable)

Author: Paul J. Winn

Retirement Plans, Pensions and Annuities discusses the federal income tax treatment of, and limitations related to a) qualified employee plan contributions and distributions, and b) commercial annuity contracts. It examines the qualified plan limits and income taxability of: employer and employee contributions (including designated Roth account contributions); plan loans; life insurance contained in the plan; plan distributions, including distributions as periodic payments and non-periodic payments; required minimum distributions; and rollovers. The course also examines the tax treatment of lump-sum distributions and periodic payments received under commercial annuity contracts.

Publication Date: March 2020

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

Topics Covered

• Principal qualified employee plan types
• Limits applicable
• Tax treatment of qualified plan contributions and distributions
• Annuity taxation

Learning Objectives

• Distinguish 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
• Identify 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