Individual Retirement Account

Includes: Certificate of Completion

Approval: #102780

Credit Type: Life, Health Accident, Variable

Credit: 4 Hour(s) | Language: English

Leading business solution for your company's regulatory training. Learn more.

About this Course

Individual Retirement Accounts examines the rules governing traditional and Roth IRAs, Education IRAs (now called Coverdell Education Savings Accounts), simplified employee pensions and SIMPLEs. With respect to traditional IRAs, the course considers the issues of eligibility, contribution limits and investment vehicles. Tax treatment of traditional IRA funds is discussed, including the treatment of contributions, accumulations, transfers and distributions. The premature distribution penalties and its exceptions are addressed. Roth IRAs, created by TRA'97, are discussed, including eligibility, contribution limits and distributions. Conversions from traditional to Roth IRAs are examined and the tax consequences discussed. The increased limits authorized by the Economic Growth and Tax Relief Reconciliation Act of 2001 are addressed and the Age 50+ catchoup provisions are explained.

Regulatory Information

Name:Connecticut Insurance Department
Phone:860-297-3800
Fax:860-566-7410
Website URL:https://www.ct.gov/cid/site/default.asp
Email Address:cid.licensing@ct.gov
Address:PO Box 816
City:Hartford
State:CT
Zip:06142-0816

Bulk Order Calculator

X
$ 15.00

BUY IN BULK ACROSS THE ENTIRE COURSE CATALOG

360training's extensive course catalog includes over 6,000 courses in a variety of different industries. Browse our complete course catalog, select all the courses you need, and calculate your savings.

Buying for a Team or Group?

Interested in bulk discounts and flexible billing options on our expansive library of Insurance Education courses? Connect with our Corporate Sales Executives today!

Upgrade your LMS to Include Manager-Level Access

  • Assign Courses
  • Tracking Employee Progress
  • Maintain and Organize Records
loading...
CERTIFIED COURSE
Quantity
$15.00

Privacy Policy  |   Terms and Conditions   

©2024 360training

©2024 360training   Privacy Policy  |   Terms and Conditions   
Let's Chat!