CRPD
EVERYTHING YOU NEED TO KNOW ABOUT RETIREMENT PLAN DISTRIBUTIONS

The purpose of this course is to enable CPAs to expand their retirement planning services into one of the fastest growing segments of financial planning. The focus is on the crucial tax and financial planning issues facing clients as they approach retirement and must make critical decisions regarding their retirement plan distributions -- decisions that are essential to their future financial security.

Major topics include:

• Planning for distributions prior to retirement, including such techniques as distributions when changing employers, loans from qualified plans, distributions of property, and how to avoid early withdrawal penalties
• Rollovers -- The complete analysis of doing them correctly and the new opportunities under the 2001 Act.
• Income taxation of retirement annuity distributions
• Required spousal benefits under REACT and distributions under QDRO
• Pros and cons of various plan annuity payout options
• Lump-sum distributions -- The advantages and disadvantages of 10-year averaging
• Planning under the final required minimum distribution regulations
• Estate, gift, and generation-skipping transfer-tax implications of beneficiary elections
• The impact of new tax rates on the annuity vs. lump-sum issue

Level of knowledge: Intermediate