Numerous federal income tax provisions and rulings concern contributions to traditional IRAs, Roth IRAs, SEP plans, and SIMPLE plans. SECURE 2.0 made significant changes to the retirement area of which some changes are effective in year 2023 and others are effective in later years. There are also some excise tax penalties associated with these different plans, which are discussed herein. This course will help you master them. The course includes the provisions provided by recent legislation, including but not limited to the impact of the SECURE 2.0 Act of 2022 (SECURE 2.0) and the pending Technical Corrections Act of 2023. In addition, Treasury has issued a few interpretations applicable to the SECURE 2.0 Act of 2022.

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.