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.

Learning Objectives

• Recognize the tax treatment of nonqualified annuity distributions
• Distinguish between the types of qualified employee plans
• Recognize the limits imposed on qualified employee plan contributions and benefits
• Apply the federal tax laws to qualified employee plan contributions and distributions
• Recognize the changes made to retirement plans and pensions by the SECURE Act and the CARES Act
• Identify the tax treatment of annuity contributions and distributions