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Got Your Assets Covered?

 Tue, 11/13/2018 from 9:00 am to 2:00 pm
 Online
 
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Registration Status: CLOSED -- Please contact the VSCPA at [email protected] or (800) 733-8272 for availability.
Member Price
$139.00 Regular Registration
Your Price
$169.00 Regular Registration
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Designed For:

*Correctly recognize how Section 4975 impounded management and investment risk diversification policy requirements are deemed part of the tax code compliance mandate necessary to sustain federal or state bankruptcy estate retirement plan exemption claims *Correctly recognize how the five deadly sins

Prerequisite:

This webcast is an intermediate continuing education webcast.
It is assumed the webcast participant has achieved the following related Algorithm LLC webcasts in advance of this webcast:

Retirement Plan Management and Investment Risk Diversification Standards
Management and Investment Risk Diversification Indices
Prohibited Transaction Chinese Walls
Problematic Self-Directed Retirement Plan Activities
Changing ERISA's Disqualified Person Criterion
Resolving the Passive Custodian Paradox

Many commentators contend the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 improved the security of retirement benefits earned prior to filing a bankruptcy petition. The transparent policy goal is to harmonize ERISA qualified plan provisions, tax qualified plan provisions, and federal or state retirement plan bankruptcy estate exemptions. No commentator has yet indicated Section 4975 impounded management and investment risk diversification policy noncompliance threatens retirement plan bankruptcy estate exemption validity when prohibited transactions are present. This webcast contributes to the retirement plan bankruptcy estate exemption conversation by filling that void.

Syllabus

Lesson 1.

Introduction

Lesson 2.

Section 4975 Risk Diversification

Lesson 3.

Prohibited Transaction Implications

Lesson 4.

The Five Deadly Sins

Lesson 5.

The Three Punishments

Lesson 6.

Tax Code Noncompliance

Lesson 7.

Bankruptcy Exemption Issues

Lesson 8.

Form 5330 Procedures

Lesson 9.

Conclusion

**This course is approved by the IRS. The submission of a completed request form, found under the materials tab, is required for credit.

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

Related Events

Objectives

*Correctly recognize how Section 4975 impounded management and investment risk diversification policy requirements are deemed part of the tax code compliance mandate necessary to sustain federal or state bankruptcy estate retirement plan exemption claims  

*Correctly recognize how the five deadly sins and three punishments derived from self-directed fiduciary, custodian, or administrator duty to assure non-discretionary Section 4975 impounded management and investment risk diversification policy compliance results in strict liability and do not require Dura disaggregation  

*Correctly recognize Section 4975 impounded management and investment risk diversification policy noncompliance, standing alone, may be cured by and through EPCRS  

*Correctly recognize prohibited transactions occurring during those periods where the self-directed fiduciary, custodian, or administrator failed to assure Section 4975 impounded management and investment risk diversification policy compliance does not vitiate federal or state bankruptcy estate retirement plan exemption claims  

*Recognize how a self-directed IRA account holder should correctly complete and file Form 5330 to report prohibited transactions occurring during those periods where the self-directed fiduciary, custodian, or administrator failed to assure Section 4975 impounded management and investment risk diversification policy compliance 

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.