Courses

Surgent's Introduction to Required Minimum Distributions

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Member Price: $99.00 Non-Member Price: $129.00

Date/Time:: Apr 9, 2026, 1:00pm–3:00pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 2.00
Fields of Study:: Taxes
Level:: Basic

Required minimum distributions (RMDs) must be taken from certain tax-deferred retirement accounts, starting when the account owner reaches their applicable age.

The RMD rules are complex and must be simplified to help ensure clients understand them. Accounting and finance professionals must understand the basics of RMDs for IRAs and employer plan accounts so as to help IRA owners, plan participants, and beneficiaries meet their RMD obligations and avoid penalties that apply to RMDs not taken by their applicable deadline. Accounting and finance professionals should also be able to demonstrate tax-efficient solutions for RMDs.

This course will walk accounting and finance professionals through the fundamental concepts and rules that apply to RMDs, demonstrate how to calculate RMDs, and explain how to correct RMD errors. It can be taken by anyone, including those without any experience working with RMDs.

The course will include cases to promote understanding of the rules.

Objective

Understand what Required Minimum Distributions (RMDs) are, why they exist, and the accounts to which they apply
Recognize the important deadlines for starting and taking RMDs, including the consequences of missing an RMD deadline and how to avoid penalties
Calculate RMDs using IRS tables, account balances, and other impacting data
Recognize common scenarios where RMDs apply for IRA owners, employer plan participants, and beneficiaries.

Highlights

How SECURE Act 1.0 and SECURE Act 2.0 changed the RMD rules
What is an RMD?
Who is subject to RMDs?
The types of accounts subject to RMDs
How to calculate an RMD
How to determine if a distribution can be an RMD
How to determine which life expectancy table must be used when calculating an RMD
The rollover and transfer rules during an RMD year
IRS penalties for non-compliance with RMD regulations
Applying RMD strategies to different plan types
When RMDs can and cannot be aggregated
How to correct an RMD shortfall
How to get a waiver of the excise tax on an RMD failure
The tax implication of an RMD
How to donate an RMD tax-free
How to determine the RMD rules that apply to a beneficiary

Designed For

Accounting and finance professionals who want to understand RMD concepts and how RMDs work

Prerequisite

None

Advanced Preparation

None