Individual Retirement Accounts

Welcome to Wall Street Instructors’ Individual Retirement Accounts continuing education web course. This interactive self-study program has been approved by the Florida Department of Financial Services for 7 credits of intermediate-level continuing education for Florida-licensed insurance agents. CE Provider #862.

This course covers the rules and regulations governing all of the major types of individual retirement accounts available to clients — from Traditional and Roth IRAs to SEP-IRAs, SIMPLE IRAs, IRA custodial requirements, and the Saver’s Credit.

If you have any questions while you study, you may e-mail your questions to an instructor at enrollment@wallstreetinstructors.com or call (954) 764-0254, Mon–Fri 9am–5pm ET.

• Traditional IRA eligibility, contribution limits, and deductibility rules
• Traditional IRA distributions, required minimum distributions (RMDs), and penalties
• Roth IRA eligibility, contribution limits, and income phase-out rules
• Roth IRA distributions and conversion rules
• Simplified Employee Pension IRAs (SEP-IRAs) — establishment, contributions, and limits
• SIMPLE IRAs — employee and employer contributions, matching requirements
• IRA custodians and trustees — roles, responsibilities, and permissible investments
• The Saver’s Credit (Retirement Savings Contributions Credit)
• IRA rollovers, transfers, and 60-day rollover rules
• Beneficiary designations and inherited IRA rules

• 1
  The course is presented in six modules. Work through each module at your own pace using the Table of Contents link below.
• 2
  Complete the review questions at the end of each module to reinforce your understanding before taking the final exam.
• 3
  After completing all six modules, take the self-monitored final examination. The passing score is 70% correct. The exam is given on the “honor system” — an outside monitor is not needed.
• 4
  Upon successful completion, Wall Street Instructors will send you a certificate of completion and electronically file your CE credits with the Florida Department of Financial Services.