In this course, you will be introduced to terms and concepts used in connection with individual retirement accounts. Each new term is defined in the text and included in the Glossary. The concepts are explained and, where appropriate, are demonstrated through the use of examples. 

This information is important for advisers who are counseling clients on the eligibility, taxation, and other rules applicable to individual retirement accounts. Accordingly, the course provides information concerning the tax treatment of contributions, accumulations, transfers and distributions as well as the premature distribution penalties and required minimum distribution penalties that may apply. By fully understanding the rules applicable to various types of individual retirement accounts, advisers will be better able to meet their clients’ needs.