Before the release of IRS Notices 2022-53 and 2023-54, professionals in tax, accounting, and finance grappled with the ambiguity surrounding the SECURE Act's 10-year rule and its implications for RMDs. This uncertainty posed a significant challenge in advising clients accurately on their retirement planning, especially those impacted by the excise tax waivers for RMDs.
This CPE online course, led by Denise Appleby, serves as a bridge to this critical knowledge gap. Denise will guide you through the recent regulatory changes, helping you to accurately identify clients who qualify for the RMD excise tax waiver. You'll gain an in-depth understanding of the rollover rules for `non-RMDs' in 2023, as well as alternate solutions that extend beyond the guidance of Notice 2023-54. After completing this webcast CPE course, you will have transformed from a state of uncertainty to one of confidence and proficiency, equipped with the knowledge and skills necessary to navigate these changes and provide your clients with the most current and effective retirement planning advice.
Learning Objectives
Upon completion of this course, participants will be able to:
Which beneficiaries qualify for the waiver of RMD excise tax for 2021, 2022, and 2023;
The rollover rules for "2023 `non-RMDs'"; and
Alternate solutions for rollovers beyond those provided under Notice 2023-54.
Major Topics
The two classes of beneficiaries that qualify for the automatic waiver;
Who is eligible to roll over `non-RMDs';
The rollover rules for `non-RMDs.'; and
Additional relief provisions not covered under Notice 2023-54.
