MenuClose
 Log Out
Cart 0 items
Site Search
Course Search

Retirement Penalties and Rollover Issues 25-26

 Various
 
2.0
Registration is Open
Member Price
$99.00 Regular Registration
Your Price
$129.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Thu, 06/26/2025 from 1:00 pm to 3:00 pm
 Mon, 09/22/2025 from 1:00 pm to 3:00 pm
 Mon, 12/08/2025 from 1:00 pm to 3:00 pm
 Mon, 01/12/2026 from 1:00 pm to 3:00 pm
Designed For:

CPAs, tax staff and other tax professionals.

Prerequisite:

None

Taking money from ones retirement plan before age 59-1/2 or failing to withdraw funds after age 73 leads to penalties. Plan beneficiaries have a separate set of rules for withdrawals. There are penalty exceptions and waivers, but some issues have no possible resolution. A withdrawal from a retirement plan is taxable unless it's returned to a plan within 60 days. Some withdrawals cannot be returned and there are some ways to make a late rollover tax-free. Early and late distribution penalties and 60-day rollover failures are prevalent issues that tax preparers must handle despite the size of the firm or the wealth of their clients. Learn the rules of the road in this class. Note: This class presents an in-depth discussion of issues presented in the instructor?s class Retirement Distributions: Planning Options .

Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Basic

Sponsors

For Technical Support: 
Please contact the CalCPA Help Desk at (866) 928-8915, [email protected] . Allow 1 business day for email responses

Objectives

  • Identify exceptions from the 10% penalty for early distributions from retirement plans, IRAs and annuities
  • Recognize the far reach of the once per year rollover rule and what circumstances have fatal consequences
  • Determine the difference between Rollovers and Transfers

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.