Course Content
Course Description
This program provides an explanation of the Secure Act 2.0 provisions impacting individuals and business taxpayers.
Learning Objectives:
- Implement practical strategies based on the Secure Act 2.0 provisions
- Identify and recall key compliance issues
- Identify and recall significant changes in retirement provisions
Program Content:
- Expanding automatic enrollment in retirement plans
- Increased age for RMDs
- Higher catch-up contribution limit
- Emergency expense penalty-free withdrawals
- “Starter” 401(k)s for certain employers
- Part-time worker improved coverage
- Excise tax reduction for certain retirement plan accumulations
- Employee plan conflict resolution expansion
- Retroactive first-year elective deferrals for sole proprietors
- Change in plan requirements for unrollees
- Surviving spouse election
- Reduced tax on excess contributions
- Timely plan amendment changes
- Elective deferral changes
- Employer match as Roth contribution
Who should attend: CPAs in public practice and industry seeking an update on the latest tax developments regarding retirement plans.
Instructor: Steven C. Dilley, CPA, JD, PhD
Course Level: Update
Field of Study: Taxation
Prerequisite: Basic working knowledge of tax issues as they related to employee and retirement benefits.
Advanced Preparation: None
CPE Credit: 2 hours
Fee: $49
Steven C. Dilley, CPA, JD, PhD
Steve is President of Federal Tax Workshops, Inc., where for over 40 years, he has developed and presented continuing education seminars and webinars on tax, accounting and ethics topics for accountants and attorneys throughout the country. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business and has published numerous articles on these topics.
In addition, Steve is a Professor Emeritus of Accounting at Michigan State University, East Lansing, where he taught tax accounting. He has been received the “Distinguished Achievement in Accounting Education Award” in Michigan, as well as the MSU Accounting and Information Systems Department Outstanding Teacher Award.
Only registered attendees have access to the course materials.