Retirement Penalties And Rollover Issues

Course Details


Wednesday, January 22, 2020

8:00am – 10:00am
(Registration: 7:30am)

Field of Study


Course Number


CPE Credit

2.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation




Early distribution penalties and 60-day rollover failures are prevalent issues tax preparers must handle despite the size of a firm or the wealth of clients. There are penalty exceptions and waivers, but some issues have no possible resolution.

Note: This class presents an in-depth discussion of issues presented in the instructor’s class Retirement Distributions: Planning Options.


  • History of the 60-day Rule and Recent Developments
  • Exceptions to the ten percent penalty
  • Rulings and self-certification
  • What the IRS knows: Forms 1099R and 5498
  • Form 5329 use and strategies


  • Recall exceptions from the 10% penalty for early distributions from retirement plans, IRAs and annuities and other retirement penalties.
  • Consider the far reach of the once per year rollover rule and what circumstances have fatal consequences.
  • Recognize the difference between Rollovers and Transfers.
  • Determine how the sixty-day rollover has evolved and is currently in effect.

Designed For

CPAs, tax staff and other tax professionals.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $94.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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