Appleby Retirement Consulting

Traditional IRA Distributions-Optional, Required, Penalties, and Tax Reporting -1Hr CFP Credit

$29.00 | 1 CFP|CLICK TITLE FOR MORE INFORMATION: Credit Distributions from IRAs are usually considered ordinary income and as such, may be subject to income tax.
In some cases, amounts may also be subject to the 10 percent early distribution penalty, if the amount is withdrawn before the IRA owner reaches age 59 ½ . However, there are exceptions. Additionally, distributions from IRAs are usually optional, until the owner reaches a certain age. This course will help the student understand the rules that apply to distribution from IRAs, the tax and penalty that may apply to such distributions, and the optional and mandatory rules that apply.

This informative session will help you gain a better understanding of: 1.The tax implications of distributions from IRAs
2.The early distribution rules
3.When the early distribution penalty applies
4.Exceptions to the 10 percent early distribution penalty
5.Tax withholding rules - election and application
Your instructor for this live professional development webinar is: Denise Appleby, APA, CISP, CRPS, CRC®, CRSP, CEO of Appleby Retirement Consulting, a firm that provides IRA tools and resources for financial and tax professionals.