Fast Track Retirement Planning

Available Until Thursday, April 30

CalCPA Webcasts

Online, OK 00000

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3.00 Credits

Member Price $89

Non-Member Price $119

Overview

We are all getting older and the need for effective retirement planning has never been greater. If your wish to attain a comfortable retirement for yourself and your clients by maximizing tax saving strategies, this course is essential. Retirement income needs are calculated, net after tax social security benefits are determined, and distribution options from IRAs and retirement plans are explored. Topics covered include life insurance, annuities, and buy-sell agreements as well as estate and eldercare planning. Special consideration is given to the tax treatment of the home and business on retirement.

Highlights

Popular retirement myths

Defining retirement & determining retirement income needs

Savings

Assets

Social Security

Retirement plans

Distributions from retirement plans

Nonqualified deferred compensation

Life insurance

Estate planning

Prerequisites

General understanding of federal income taxation.

Designed For

This program is appropriate for professionals at all organizational levels.

Objectives

Identify federal tax revenue sources, define gross income's role, and determine a client's tax liability using current rates, exemptions, and withholding/estimated tax obligations.

Specify the various filing statuses and their filing requirements recognizing the advantages and disadvantages of each.

Determine gross income under 61, including tax treatment of compensation, benefits, rental income, Social Security, alimony, prizes, awards, dividends, distributions, and debt discharge.