The Setting Every Community Up for Retirement Enhancement (SECURE) Act went into effect on January 1, 2020, effectively eliminating the ability to “stretch” IRAs going forward, although certain individuals still can. SECURE Act 2.0 was signed into law on December 29, 2022, and adds multiple new retirement plan provisions. All of these changes will impact how your clients transfer wealth to their beneficiaries and point out flaws in their existing plans as any previous advice given should be invalid. Help assist your clients through misconceptions, incorrect information, and outdated planning techniques. Clients with IRA trusts have been (and will continue to be) affected the most and need professionals to guide them to better solutions. 

This webinar will cover:

Overview of the SECURE Act 

• 401(k)s for part-time employees


• IRA contributions for graduate students


• Penalty-free withdrawals for student loan debt and birth or adoption


• More access to annuities in 401(k) plans


• Deductible IRA contribution age limits eliminated


• Required Minimum Distributions (RMDs) increased to age 72


• Semi-elimination of the “Stretch” IRA

• RMDs increased to age 73


• RMD penalty reduced to 25% 


• Increase in catch-up contributions


• Roth contributions for SEP and SIMPLE plans


• Roth catch-up contributions


• Elimination of RMDs for Roth 401(k) plans


• 529 plan rollover to Roth IRA


• Student loan payments treated as elective deferral for match


• Exemption from 10% early withdrawal penalty for hardship


• QCD distribution to charitable gift annuity or trust 

• List payout options for beneficiaries before and after the SECURE Act 


• Summarize an overview of the SECURE Act and SECURE Act 2.0


• Recognize new IRS proposed (and subsequently final) regulations on RMDs 


• Outline tax consequences and asset protection 


• Identify how to help clients pass assets efficiently

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222