Event Description

Having sufficient assets to live a comfortable and secure retirement is one of the concerns that many people face. This concern cannot be resolved without having a solid retirement plan. In this course, we will discuss the foundation of most people’s retirement planning – qualified plans. We will discuss the types of qualified plans, how they are taxed, and when they might be useful to clients. Through discussion and real-world examples, we will explore the basic RMD rules from qualified plans and when a distribution may qualify for a penalty exception.

Objectives

– Recall key differences between qualified and non-qualified plans – Identify situations where it is better to use Roth Retirement Plans vs. Traditional Retirement Plans – Recognize key differences between SEPs and SIMPLE plans – Recall early distribution penalties & exceptions – Determine key considerations for setting up a retirement plan for a company