CPE406 - Overcoming Roth IRA Obstacles - 2 Hours CPE
Delivery Method: Self-Study
Learning Objective: After completing this course the student will be able to determine an individual’s qualifications to make a Roth IRA contribution and the statutory and AGI limits on the contribution amount. Traditional IRA conversions and recharacterizations are studied including the application of the 5-year aging period for converted funds. The course also studies the application of the saver credit, qualified distributions, non-qualified distribution penalties, distribution ordering rules, beneficiary distributions and the interaction with Roth qualified plans (401(k) and 430(b)).
CPE Hours: 2 ( Federal Tax Subject:2 )
Publication Date: 05/01/2014
Author: Lee T. Reams, Sr.
Prerequisites: Basic Understanding of Tax Preparation.
Final Exam Grading Policy: Course material must be completed within 12 months of purchase. A score of 70% or better is needed for passing. The completion certificate will be automatically generated by the system.
Accreditation: CTEC, NASBA-QAS, IRS, Enrolled Agents