Course 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 fundamentals of IRAs, stating the rules related to contributions and distributions and highlighting the effect of the recent tax law changes on the planning process.

Learning Objectives

  • State who may contribute to a Traditional IRA and a Roth IRA

  • Recognize how recent legislation has affected the taxation of IRAs

  • Identify contribution, distribution, and RMD planning considerations when working with IRAs

Additional Required Materials

  • Level: Overview

  • Field of Study: Taxes (NASBA); Tax Planning (CFP)

  • Who Should Attend: CPAs and financial advisors who want to know more about the basic theory and concepts behind financial planning utilizing IRAs.

  • Required Knowledge: Basic understanding of taxation of IRAs.

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.