Handling traditional IRA required minimum distributions (RMDs) and Roth IRA
distributions are important components of administering any IRA program. This
session will include a thorough review of the rules and best practices
surrounding handling and calculating RMDs and Roth IRA distributions. New or
experienced staff who meet face-to-face with IRA owners or have IRA operational
or reporting responsibilities will gain a solid understanding of RMD and Roth
IRA distribution rules and considerations.
versus best practices when calculating traditional IRA RMDs
- How to calculate
RMDs, including the difference between uniform-life and joint-life expectancy
- RMD reporting requirements to the IRS and IRA owner
terminology, including required beginning date, first required distribution
year, aggregation of plans, and excess accumulation penalties
- Roth IRA
- Qualified versus non-qualified Roth IRA distributions
Ordering rules associated with non-qualified Roth IRA distributions
- How to
process and properly report Roth IRA distributions
Frank J. LaLoggia,
LaLoggia Consulting, Inc.
Live and recorded webinar, handouts, quiz with answer key and training log are included.