Inherit Intelligently, Retire Powerfully

Overview

Develop a framework of “effective” time management. Identify the three time factors: time wasters or stealers, time savers and time management techniques. Highlight concepts that distinguish the relationship of time management and behavioral science versus traditional time management tools or gimmicks. Also, explore the need for managing oneself in order to improve the management of time. The webcast was originally broadcast on May 4, 2017. Note: There is a minimum passing rate of 70% for this course.

Highlights

Prerequisites

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Objectives

• Identify key changes introduced by the SECURE Act and SECURE 2.0 affecting inherited retirement accounts and distribution rules.
• Recognize strategies for using inherited retirement distributions to enhance retirement savings without increasing overall tax liability.
• Identify factors that influence planning decisions for beneficiaries, including age, compensation, and access to employer-sponsored retirement plans.
• Recall common compliance and planning considerations related to Roth strategies, charitable distributions, and required minimum distributions.

Preparation

None.

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.