Features and Benefits of SEP IRAs and SIMPLE IRAs
Description
A challenge for many small business owners is choosing the right retirement plan for their businesses. Many hesitate to adopt a plan because they are intimidated by the governing rules and administrative requirements. SEP IRAs and SIMPLE IRAs can be practical solutions because they are relatively easy to establish, maintain, and communicate to employees with generally lower administrative costs than many qualified plans. This course explains the key features, benefits, suitability factors, and compliance requirements for SEP IRAs and SIMPLE IRAs. It also addresses important updates, including SECURE Act 2.0 provisions affecting Roth SEP and Roth SIMPLE IRA contributions, enhanced SIMPLE IRA catch-up contributions, and additional nonelective SIMPLE IRA contributions. Advisors will learn the questions to ask small business owners when evaluating plan options, determining employee coverage, and helping avoid operational mistakes.
Registration Fees
| Registration | Type | Price |
|---|---|---|
| WRS90226: Registration – Member | Mem | $105 |
| WRS90226: Registration – Non-Member | NM | $230 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.