Virtual Required Minimum Distributions: Compliance and Planning

You Pay: $249.00
MSCPA Members save $50.00 on this course. Login or Join to take advantage of these savings.
This course is 4.00 credits
Field of Study
Course Level
Surgent McCoy CPE LLC

Registration Fees

MSCPA Member
AICPA Member
Return to Course List

Monday, Jun 7, 2021
12:45pm – 4:30pm

Required minimum distributions (RMDs) from employer retirement plans and IRAs must be made or steep penalties will be incurred. Planning opportunities exist in certain situations to minimize distributions. Also, special rules exist for inherited retirement funds. Your clients depend on you to help them navigate the rules regarding required minimum distributions and the taxation of distributions. This course addresses compliance issues and planning opportunities regarding required minimum distributions.

Designed For

Any tax practitioner that desires to improve customer service related to required minimum distribution compliance and planning

Course Objectives

Understand the calculation of required minimum distributions Understand when required minimum distributions are required Understand how to treat inherited retirement accounts and how to utilize stretch IRAs Understand the importance of designated beneficiaries of retirement accounts Discuss the process of requesting the abatement of penalties for failure to make required minimum distributions and how to correct a failure to make a required distribution Understand how to handle an incorrect Form 1099R Discuss how distributions are taxed when the retirement account has basis that can be returned free of tax

Major Subjects

Minimum distribution requirement changes by the Secure Act of 2019 Latest guidance issued by the IRS, whether by way of regulations or administrative announcements related to required minimum distributions The calculation of required minimum distributions using the Uniform Life Table Required minimum distributions from multiple accounts Form 1099R and codes Inherited employer retirement accounts and IRAs: Spousal and non-spousal beneficiary distribution options Limitations on stretch IRAs imposed by the Secure Act of 2019 Required minimum distributions in the year of death Roth conversions for estate planning and avoiding required minimum distributions Timing of distributions for maximum tax-free compounding Qualified charitable distributions from IRAs Taxation of distributions Penalties for missed required minimum distributions and reasonable cause for abatement of penalties


A basic understanding of retirement plan distributions and taxation of distributions


+ $249.00

Search for and register other people in our database:

Add Person
Click above and type the first 3 letters of the person's name to search. Search may take 2-5 seconds.

Confirm E-Materials Only

One or more individuals have "e-materials only" selected and will not receive a hard copy for courses indicated. Please confirm this choice by pressing “Confirm” or press "Cancel" and unselect “No hard copy” to receive a hard copy.

Can't find the right person? Add them to our database

The MSCPA or its contractors may photograph or videotape MSCPA events. Attendees agree to allow their image to be used in MSCPA publications, website and marketing materials. Images may also be shared with the media. Attendance at MSCPA events waives the MSCPA from liability resulting from these uses. For questions, contact the MSCPA at or call 617.556.4000.
Printer-friendly registration form