This highly informative, one-day program will enhance your knowledge and understanding of IRAs and other retirement planning vehicles. It will equip you with current and practical information you need to help your clients realize their financial objectives. Discussions will highlight the uses for each type of retirement plan, tax implications and estate planning strategies in choosing the appropriate vehicle.
- New regulations effective 2006
- Who to name as beneficiary of your retirement benefits
- Is filing required for our plan?
- How to correct plan non-compliance
8:30 a.m. - 9:30 a.m.
I. Picking The Right Plan For The Small Business
D. Fiduciary Issues
9:30 a.m. - 9:40 a.m.
9:40 a.m. - 10:40 a.m.
II. Overview Of 401(k) Plans
A. Limits On Contributions
B. Other Important Rules That Affect 401(k) Plans
C. Safe Harbor Plans
D. Simple 401(k) Plans
10:40 a.m. - 12:10 p.m.
III. Advantages, Disadvantages And Comparisons
B. Roth IRAs
C. Simple IRA Plans
12:10 p.m. - 1:10 p.m.
Lunch (On Your Own)
1:10 p.m. - 2:10 p.m.
IV. Estate Planning Issues
V. Compliance Issues For Small Businesses
B. Compliance Programs
C. Other Selected Compliance Issues
2:10 p.m. - 3:50 p.m. (Break 3:00 p.m. - 3:10 p.m.)
VI. IRAs In Educational Planning
A. Roth IRAs And Traditional IRAs
B. Coverdell Educational Savings Account
C. 529 Plans (State vs. Other)
VII. Rollover Rules And Conversion Issues
A. Options For Rollovers
B. When It Makes Sense To Convert To A Roth
3:50 p.m. - 4:20 p.m.
VIII. Update On Current Tax Legislation
A. How Changes May Affect Planning
4:20 p.m. - 4:30 p.m.
IX. Question And Answer Session