IRA Mistakes and How to Fix Them

Thu 12/01/2022
10:00AM - 11:00AM
Presenter(s): Natalie B. Choate

Are you prepared to handle your clients’ IRA mistakes? Sooner or later you will have a client who missed a required minimum distribution, made an excess contribution, bungled a rollover, or messed up a Roth conversion. Find out whether your client faces a 6%, 10%, or 50% penalty, a deemed distribution, or disqualification of the IRA.

Most IRA mistakes can be fixed! Use corrective distribution, absorption, re-characterization, hardship waiver of a deadline or a penalty, or a rollover to solve your client’s problem and get the IRA back on track.