IRA Rollovers

Study Level:  Intermediate
Delivery Method: Online Self-Study
Field of Study: Specialized Knowledge/Personal Financial Planning
Prerequisites: There is no prerequisite for this course; however, basic knowledge of IRAs would be beneficial.

Rollovers account for the largest source of contributions to IRAs. Ensuring that consumers receive accurate, and unbiased information regarding their distribution and rollover options is critically important to making informed decisions. That is the purpose of this course: to provide in-depth information about IRA rollovers as well as practical guidance that will enable financial professionals to help their clients make appropriate decisions regarding their retirement plan assets. Of equal importance, this course explains important rules governing the ongoing management of IRA rollovers to ensure that clients do not inadvertently subject their prized asset to unintended penalties and taxes.

The course covers:

  • Distributions, rollovers, and rollover options
  • Conversions
  • Section 1035 Exchanges
  • Inherited IRAs

This is an intermediate level course. Upon completion, students will be able to:

  • compare and contrast the 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
  • differentiate between the direct and indirect rollover methods, including the tax implications and timing rules that affect each method
  • distinguish how trustee-to-trustee transfers differ from rollovers
  • recognize how the one-rollover-per-year rule works
  • recognize how IRAs and retirement plans can be converted to Roth IRAs
  • determine what distribution and rollover options a beneficiary has after inheriting an IRA
  • demonstrate an understanding of how Section 1035 exchanges work
  • identify the role a financial professional plays in the rollover process


Find Courses Now