IRAs, Roth IRAs, SIMPLES and SEPs: Contributions, Rollovers, Distributions and More

Individual Retirement Accounts (IRAs), including traditional IRAs, Roth IRAs, SIMPLEs, SEPs, are investments owned by many individual taxpayers and are an excellent way for workers to save for retirement. Although the basic IRA began as a fairly simple investment tool, the complications increased dramatically as the types of IRAs increased. Not only have the types of IRAs expanded, but options such as contributions, rollovers, and distributions, intended to add increased flexibility have also added increased complexity. This course is designed to provide practical insights into all tax aspects of IRAs and help CPAs successfully manage the complexities.

• Grasp the tax advantages of traditional IRAs, Roth IRAs, SIMPLEs, and SEPs
• Make the appropriate investment vehicle decision
• Master the requirements surrounding contributions, rollovers, and distributions and avoid associated penalties and excise taxes

Prerequisite:  Familiarity with federal tax issues for IRAs.