Required Minimum Distributions: Compliance and Planning
Nov 5 8:00 - 11:30 a.m.
Fairfield Inn & Suites Philadelphia Broomall/Newtown Square Broomall - Map
4-Tax CPE Credits
Examine inherited retirement accounts and how to use stretch IRAs. Grasp the importance of designating beneficiaries. Review the process for requesting the abatement of penalties for failure to take required minimum distributions. Learn how distributions are taxed when a retirement account has basis and can be returned tax-free. Highlights
Required minimum distributions from multiple accounts Form 1099R and codes
Inherited retirement accounts and IRAs: Spousal and nonspousal beneficiary distribution options
Roth conversions for estate planning and avoiding required minimum distributions
Timing of distributions for maximum tax-free compounding
Qualified charitable distributions from IRAs
Recent legislative attempts to change the required minimum distribution age and eliminate stretch IRAs
Registration
PICPA Member: $145 Nonmember: $195
More Information
Course No. 770201Level: Intermediate
Prerequisites:
Basic understanding of retirement plan distributions and taxes
Notes
This is a four-credit seminar.
Speaker(s)
Michael Reilly
Michael E. Reilly, CPA, ChFC, CLU, CASL Sole
Practitioner
Michael E. Reilly, CPA,
is a sole practitioner with offices in West Chester, PA. His
practice focuses on tax and financial planning and consulting for
individuals and small businesses.
In addition to maintaining his practice, Mr. Reilly has been an adjunct
professor at several colleges and was a visiting professor of Economics and
Business at Lafayette College.
Mr. Reilly earned his bachelor’s degree in business administration with an
accounting concentration from Temple University and his master of taxation
degree from Villanova University School of Law. He also holds the Chartered
Financial Consultant (ChFC) and Chartered Life Underwriter (CLU)
designations from the American College.