Surgent's Guide to Avoiding Tax Traps for Beneficiary Distributions from IRAs and Employer-Sponsored Retirement Plans (IRA1)

Course Details


Wednesday, May 15, 2019

11:00am – 1:00pm (Registration: 5:10pm)



Field of Study


CPE Credit

2 hours CPE credit

Level of Knowledge



Surgent McCoy CPE, LLC


A basic understanding of individual income tax


The primary reason for saving in an IRA or employer plan account is tax deferral of earnings. Beneficiaries can continue to enjoy this benefit, within certain limitations. In order to do so, beneficiaries must understand the distribution options that are available to them and make sure that any election made or transaction processed does not result in unintended distributions, which would lead to loss of tax-deferral and other tax saving opportunities. Tax professionals can provide retirement account owners and beneficiaries with the guidance needed to ensure the protection of available benefits.


  • What makes a beneficiary a designated beneficiary?
  • Planning strategies when there are multiple beneficiaries of a retirement account
  • The significance of beneficiary deadlines
  • Identifying and circumventing limitations under plan document and IRA agreements
  • Distribution, transfer and rollover options for spousal and non-spousal beneficiaries
  • Roth conversions for inherited accounts


  • Identify the different types of beneficiaries
  • Know the distribution options available to beneficiaries
  • Determine the steps that account owners and beneficiaries need to take to preserve the stretch opportunities for multiple generations
  • Understand the penalty that could apply when beneficiaries do not meet distribution deadlines, and when such penalty could be waived
  • Know the transfer and rollover rules that apply to beneficiaries

Designed For

Financial advisors, tax professionals, and individuals who support IRAs and employer plans (employees of financial institutions who answers questions about and handle transactions for IRAs and employer plans)

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

Non-Member Fee

Applicable if you are not a WYOCPA member.

Your Price $89.00

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