Jake R. Downing to Present “Remedying Common IRA Contribution and Withdrawal Errors to Avoid IRS Penalties and Plan Disqualification” a Strafford Webinar

Address

Webinar

Seyfarth Shaw Partner Jake R. Downing is pleased to participate in Stafford Publication’s “Remedying Common IRA Contribution and Withdrawal Errors to Avoid IRS Penalties and Plan Disqualification,” on Thursday, June 20, 2019 from 12:00 - 1:50pm Central.

This webinar will address the best steps tax practitioners and taxpayers can take to remedy the most frequent IRA contribution and withdrawal errors. IRA rules provide countless opportunities for missteps and taxpayers regularly stumble on these. The panel will detail how to resolve the most common of these, including correcting excess contributions, missing the 60-day rollover window, failing to take an RMD at 70 years and six months or death, and others. They will also cover preparation of Form 5329 to report, provide an exception or waive a retirement plan penalty. The panel will review the following and other important issues:

Handling over-contributions to IRA accounts
Avoiding IRA account penalties
Preparing Form 5329 for penalty exceptions and penalty waivers
Identifying and handling prohibited transactions
Properly making Roth IRA conversions

For more information and registration, click here.