Don Farmer's 2024 Individual Retirement Plans
Available Until Dec. 31, 2025
Online
1.00 Credits
Member Price $45.00
Non-Member Price $45.00
Overview
With evolving retirement regulations under Secure Act 1.0 & 2.0, tax professionals must stay ahead of complex Required Minimum Distribution (RMD) rules, IRA taxation, and penalty avoidance strategies. This 1-hour specialized course provides an in-depth look at RMD calculations, excise tax pitfalls, beneficiary classifications (EDB vs. NEDB), aggregation rules, and key distribution strategies to help you better advise clients on retirement account compliance.
Through real-world scenarios, we’ll break down essential tax concepts, including the Ten-Year Rule, Roth vs. Traditional IRA withdrawals, QCDs, and excise tax waivers. Ensure your clients optimize tax benefits, avoid IRS penalties, and comply with new distribution requirements.
Delivery Method: QAS Self-Study
CPE Credit: Taxation
Program Level: Update
Highlights
- Required Minimum Distributions (RMDs) & Compliance
- IRA Contribution & Taxation Rules
- Beneficiary Classifications & Distribution Rules
- Distribution Methods & Tax Implications
- Tax Planning & Penalty Avoidance Strategies
- Qualified Charitable Distributions (QCDs) & Tax Benefits
Prerequisites
None
Designed For
Tax professionals
Objectives
- Identify the correct age in which RMDs need to begin after recent tax legislation.
- Recognize how RMDs are treated for inherited IRAs.
Preparation
None
System Requirements:
This course contains streaming video and audio. To ensure an optimal experience on your computer or mobile device, disable pop-up blockers in your internet browser.
If you have any other questions, the VSCPA is happy to help! We're available Monday – Friday from 9 a.m. – 5 p.m. ET. Please call (800) 733-8272 or email cpe@vscpa.com.
On-Demand Refund Policy: VSCPA will refund your course fee if you have registered for an on-demand course and found it unsatisfactory, provided that you have not taken the Final Test and your refund request is submitted, within 30 days of registering for the course, by email addressed to cpe@vscpa.com or by calling (800) 733-8272. It is assumed that after 30 days, you are satisfied with the materials and service. For more information regarding refund, complaint, program cancellation or other policies, visit vscpa.com/CPEPolicies.
Notice
Delivery Method: QAS Self-Study
Leader(s):
Leader Bios
David Peters, Founder & Owner, Peters Tax Preparation & Consulting
David Peters, CPA, CFP, CLU, CPCU, MST, MBA, is the founder and owner of Peters Tax Preparation & Consulting in Richmond, as well as a financial advisor for Peters Financial, LLC. He has over 15 years of experience in financial services, including three years in the hedge fund industry and six years in the insurance industry. David was the first-ever chief financial officer at Compare.com – a position he held for over three years. He is a national CPE instructor/discussion leader for the AICPA, Kaplan, and Surgent, and was a recipient of Surgent’s Outstanding Discussion Leader award for 2019. He regularly teaches courses in accounting, finance, insurance, financial planning and ethics throughout the United States. He is the advisor for business and industry topics for the South Carolina Association of CPAs (SCACPA) and was a recipient of The American College’s 2019 NextGen Financial Services Professional Award. He holds four master’s degrees. He contributes regularly to various CPA publications, including the North Carolina Association of CPAs’ (NCACPA) Interim Report, SCACPA’s CPA Report and the Virginia Society of CPAs’ (VSCPA) Disclosures. He was also a co-author of the 2018, 2019 and 2020 versions of the Virginia-Specific Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia.
Non-Member Price $45.00
Member Price $45.00