Tax Issues: IRA Rollovers and Conversions

Study Level: Basic
Delivery Method: Online self-study
Provider of Record: WebCE
Field of Study: Taxes
Tax Year: 2018
Prerequisites: N/A

Course Description:
The purpose of this course is to provide an understanding of IRA rollover taxation issues along with practical information that will enable financial professionals to help clients make decisions regarding their retirement plan assets. Of equal importance, this course will explain important rules governing the ongoing management of IRA rollovers to ensure that clients do not inadvertently subject their prized assets to unintended penalties and taxes.

Learning Objectives:
After completing this course, you will be able to:

  • compare and contrast the taxation and other characteristics of traditional IRAs and Roth IRAs
  • recognize the types of investments that can be utilized for IRA accounts
  • identify what types of retirement plan accounts can be rolled into an IRA
  • understand the tax implications and timing rules that affect both the direct and indirect rollover methods
  • distinguish how trustee-to-trustee transfers differ from rollovers
  • recognize how the one-rollover-per-year rule works

Revised: March 2018