The SECURE Act, the Extenders, and How it Applies to Retirement Planning

Congress did it to us again! Waiting until the last minute, Congress passed bipartisan tax legislation which President Trump signed into law on December 20, 2019. This legislation included the “Setting Every Community Up for Retirement Enhancement (SECURE) Act”, which is largely designed to provide improvements to retirement savings and income in retirement. In addition, this legislation renewed a number of expired tax provisions by retroactively (to 2019) extending the provisions through December 31, 2020. The legislation also repealed certain provisions of the Affordable Care Act. This course is will explore all of these changes and will help you understand these issues so that your compliance season will proceed smoothly.

**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Learning Objectives

To help all tax professionals to become familiar with the provisions and implications of the SECURE Act prior to the start of the tax season as well as to explain to all tax professionals the renewal of the various tax provision (the “extenders”) and the repeal of certain tax-related provisions of the Affordable Care Act.

Major Topics

Overview of the SECURE ACT
RMD changes
IRA changes
“Stretch” changes
New penalty exceptions
401(k) plan changes
Employer tax credits
Extender legislation
ACA changes

CPE Credits Available

2 CPE

2: Taxes

Things to Know About This Course

Course Level

Intermediate

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs, EAs, and other tax professionals

Provider

ACPEN