Federal Tax Law: Retirement Plans, Pensions, and Annuities#290921
This course has been archived and cannot be purchased.
Course Description
Course publication/revision date: This course was updated on 1/12/2021 (covers 2021 taxes).
Retirement Plans, Pensions and Annuities is a course that discusses the federal income tax treatment of, and limitations related to a) qualified employee plan contributions and distributions, and b) commercial annuity contracts. It examines the qualified plan limits and income taxability of: employer and employee contributions (including designated Roth account contributions); plan loans; life insurance contained in the plan; plan distributions, including distributions as periodic payments and non-periodic payments; required minimum distributions; and rollovers. The course also examines the tax treatment of lump-sum distributions and periodic payments received under commercial annuity contracts. A final examination covering the course material is administered. The newly enacted Secure Act (Setting Every Community Up for Retirement Enhancement Act of 2019) is also covered.