- NY Credits : 5.0
- TX Credits : 5.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 5.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 5.0
Retirees have much to consider. Distributions from retirement plans, individual retirement accounts, and income from Social Security benefits have tax consequences. Not only does this course define and explain various forms of retirement income, it discusses the tax effects. Be prepared for today's retirees and the millions who will follow them.
This course is most appropriate for the professional with detailed knowledge in retirement income who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of this course, the user should be able to:
identify retirement plans,
identify the tax credit for the elderly or the disabled,
recognize Social Security benefits,
identify lump-sum distributions,
determine annuity distributions,
identify deferring tax on distributions, and
identify pension and IRA provisions.