Help Your Clients Make Sound Decisions with their Retirement Plan Distributions
While qualified plans and IRAs are a great way to save for retirement, eventually distributions must be made. Retirement plan distributions are a complex and an increasingly important area for many clients—especially with the millions of Baby Boomers closing in on and thinking about their retirement. Thorough understanding and careful planning around how to take distributions, how much to take, and when to take them is critical, because failure to take out the right amount at the right time can result in significant penalties. And, failure to distribute amounts to plan beneficiaries and IRA owners can result in a plan's disqualification and/or significant penalties.
Presented by noted tax advisor, instructor and author, Robert Barnhill, J.D., CPA, CFP, M.B.A, this two-hour audio seminar on Tuesday, September 9th focuses on when distributions must begin and how much must be taken from a plan to avoid disqualification and penalties. Mr. Barnhill will provide a concise and practical review of the various retirement plan distribution options and their rules, requirements and planning opportunities, so you can help your clients decide which options are best for them. Time will be provided for you to ask your retirement distribution questions directly to Mr. Barnhill during the program.
Program Topics
Among the important areas that Mr. Barnhill will cover are:
Minimum required distributions
Roth IRA and Roth 401(k) distributions
Rollover distributions
Taxation of distributions and penalties, and more!
Learning Objectives
Develop a solid understanding of options and requirements for distributions
Know the tax treatment of the different retirement plan distribution options
Gain awareness of potential problem areas and pitfalls to avoid with distributions
Register today for this convenient program on Tuesday, September 9th at 1pm Eastern, Noon Central, 10am Pacific.
Robert E. Barnhill, III, J.D., CPA/PFS, CFP, M.B.A. is an attorney, CPA and financial planner in Lubbock, Texas. His practice focuses on estate, retirement and individual tax planning and wealth accumulation and compensation planning. A prolific speaker and author, Robert has been an adjunct professor at Texas Tech University for the last 19 years in the Personal Financial Planning Department and conducts keynote speeches and training sessions for various professional associations throughout the United States. He was named by the American Institute of Certified Public Accountants as an Outstanding Discussion Leader. Including comprehensive estate plans, family limited partnerships, and irrevocable life insurance trusts, Robert consults, prepares and implements a variety of wealth accumulation and transfer plans for all types of individuals.
Also, Robert has helped firms in the development and implementation of different compensation programs that attract, retain and motivate employees. He has advised attorneys as they prepare for trial and has been used as an expert in an assortment of cases. Robert is a member of various professional associations including the American Bar Association, AICPA, the Financial Planning Association and the National Speakers Association.
How the Audio Seminar Works
CCH’s live audio seminars require nothing more than a telephone connection. For the single per-site fee, you can have an unlimited number of listeners at your site participate, get up to speed and in-the-know on important topics, and get special bonus publications included with the seminar. Handout materials are provided in PDF format that you can download and copy for all those who will participate in the seminar at your location.
Practice Development Tip! Invite colleagues, business referral sources, clients and prospects to your office to listen in and participate on this seminar with you. They’ll appreciate your invitation to hear directly about this important topic.
If you are unable to attend this upcoming event and would like to order a recording—or if you would like to order recordings of past CCH Audio Seminars, please visit the CCH Audio Seminar Archive Library today.
Pricing:
Site License: $249 – Registration includes one telephone connection at one location, one master set of handouts (with permission to make additional copies for the participants at your location), an unlimited number of people in one listening room can participate, and one seminar bonus publication per registered site. ($25 CPE fee additional for each person wishing to receive a CPE certificate for their participation.)
CD Recording: $249 – The CD includes an audio recording of the event and handout materials in PDF format. Includes copy of seminar bonus publication with purchase. Available one week after the live audio seminar event. (Note: CPE credit is not available for the CD version of the presentation.)
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