Tax Treatment of Retirement Plans, Pensions, and Annuities - Webinar
Employer-sponsored retirement plans, generally referred to in the aggregate as qualified employee plans, constitute one of the important “legs” of the retirement stool that individuals look to for their income in retirement. The other two legs of that stool are personal savings—through investment in securities, deferred annuities, savings accounts, etc.—and Social Security retirement benefits. This course will examine qualified employee plans, their limits and their tax treatment along with a discussion of annuities and their taxation.

Annuities offer their owners the opportunity to systematically liquidate a principal sum or save money for a long-term objective.  For many annuity buyers, that objective is to provide income during retirement.  As we will see in our examination of annuities, they provide owners with a number of advantages; principal among them is their tax treatment.  By purchasing and investing in an annuity, a contract owner can avoid current income taxation of earnings.  By avoiding current income taxation, earnings that might have been used to pay current income taxes can be invested to produce additional income.  

Annuities’ tax advantages aren’t limited to tax deferral, however; annuities offer additional tax advantages.  For example, an investor purchasing a variable annuity can change his or her investment allocation in the contract’s variable subaccounts whenever desired.  Typically, such changes are made in order to implement new objectives or to modify the level of risk assumed.  From a tax point of view, the important issue is that the contract owner can make these changes without being required to recognize income as would be required if, for example, the investor liquidated his or her stock portfolio in order to purchase bonds.  In addition to these tax benefits, a contract owner that elects to annuitize his annuity contract, i.e. to take a periodic income from it, will find that part of each periodic income payment may be tax free as a return of his or her investment in the annuity contract.

This webinar is available with NO ADDITIONAL FEE if you have an active all access membership or webinar membership or can be purchased for $15.00!

Instructor:Paul Winn
Course No:TAX-PENSANN-G3121
Recommended CPE:1.50
Delivery Method:Group Internet Based - Webinar
Date Offered:11/30/2021 10:00 AM - 11:30 AM
Level of Knowledge:Basic
Prerequisites:None
Advanced Preparation:None
Registration Requirements:Registration with GoToWebinar is required
Recommended Field of Study:Finance
Webinars - Group
  

CPE Depot Inc. 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.

Sponsor Number: 109423

 (311ms)
CPE-WEB02 54.144.55.253 url(WWW.CPEDEPOT.COM)-domain(WWW.CPEDEPOT.COM)-anon

Search Courses

Group Plan

Group plans are convenient and cost effective!

Authors Wanted

We are looking for authors!