New Issues in Qualified Plans and IRAs

Overview

This comprehensive course explores the latest developments and emerging trends in qualified plans and Individual Retirement Accounts (IRAs). This course provides an in-depth analysis of new issues, regulations, and strategies affecting qualified plans and IRAs. Course participants will delve into a wide range of topics, including legislative updates, tax law changes, fiduciary responsibilities, plan design considerations, distribution planning, and compliance requirements.

Highlights

Legislative Updates, Plan Design Considerations: Learn about innovative plan design strategies to enhance participant engagement, optimize tax advantages, and address evolving workforce demographics. Distribution Planning: Discover effective distribution strategies for retirement accounts, including required minimum distributions (RMDs), rollovers, and Roth conversions, with a focus on maximizing tax efficiency and meeting clients’ income needs. Compliance and Reporting: Gain insights into the latest compliance requirements and reporting obligations for qualified plans and IRAs, including Form 5500 filings, participant disclosures, and IRS correction programs. Legal and Regulatory Landscape: Stay updated on recent court cases, regulatory guidance, and proposed legislation that impact qualified plans and IRAs, and understand their implications for retirement planning. Emerging Trends and Strategies: Explore emerging trends in retirement planning, such as Health Savings Accounts (HSAs), self-directed IRAs, and alternative investments, and discuss their potential benefits and risks.

Prerequisites

None

Designed For

CPAs, EAs, attorneys, finance professionals, and financial planners

Objectives

At the end of this course, you will be able to: Discuss the latest legislative and regulatory changes impacting qualified plans and IRAs. Identify the key differences between various types of qualified plans and IRAs and their suitability for different client scenarios. Identify plan design considerations to maximize tax advantages and employee participation. Discuss fiduciary responsibilities and compliance requirements for plan sponsors and administrators. List distribution planning strategies and tax-efficient withdrawal options for retirement account holders. Discuss the impact of recent court cases and legal rulings on qualified plans and IRAs. Discuss emerging trends and innovative approaches in retirement planning, including Roth conversions, HSAs, and self-directed IRAs

Notice

Approved for EA Credits