Key Roth IRA and Roth 401(k) Rules for Funding and Tax-free Distributions

Description

Objective

Explain the eligibility requirements for funding Roth IRAs and Roth employer plan accounts Distinguish between regular contributions, catch-up contributions, and enhanced catch-up contributions Identify when catch-up contributions must be made on a Roth basis under the Roth mandate Describe the tax consequences of rolling employer plan assets into Roth IRAs Apply the rules that determine whether a Roth distribution is tax-free Determine when Roth ordering rules apply and how they affect taxation and penalties

Attendee Information

Denise Appleby, MJ, APA, CISP, CRPS, CRC

Required Knowledge

A basic understanding of IRA funding rules and employer plan rollover rules

Credit Types

CPE – Taxes