IRAs: The Complexities and Benefits  

The SECURE Act of 2019 and the CARES ACT of 2020 impacted how several issues are handled going forward with IRAs. Congress continues to consider such things as SECURE Act II and the Build Back Better Bill which are expected to be just as impactful when they are approved. Opening, funding, distributions, rollovers and beneficiaries are all important facets of dealing with the regular and Roth IRAs. The beneficiary distribution rules in the Secure Act completely changed succession planning of inherited accounts. Congress stated intention was to makes IRAs easier to understand but the result was completely the opposite. We will work through these complexities as well as the issues to help you assist your clients in dealing with the critical decisions necessary to take full advantage of the powerful tax and distribution opportunities that congress has imparted on the IRA.

Instructor: Rick Oelerich, LPA, EA
Instructor assignments are fluid and subject to change.