Course Description
This course from May 22, 2025 reviews practical hot topics under the SECURE Act 1.0 and SECURE 2.0, with emphasis on how recent retirement-law changes affect day-to-day planning and compliance for clients and plan sponsors.
You will cover beneficiary payout rules (including the 10-year framework and eligible designated beneficiary categories), RMD timing and penalty changes, Roth-related updates, and key plan design provisions such as auto-enrollment, student-loan matching, and retroactive plan adoption concepts.
Topics Covered:
- Inherited IRAs and beneficiary payout rules (10-year framework; EDB overview)
- RMD starting ages and missed RMD excise tax changes
- Roth updates (employer plan Roth RMDs; Roth catch-up concepts)
- IRA and plan contribution limits and common planning checkpoints
- Qualified Charitable Distributions (QCD) updates and documentation reminders
- Plan sponsor provisions (PEPs/MEPs, auto-enrollment, student-loan matching)
- Retroactive plan adoption concepts and operational cautions
Learning Objectives
- Explain the core SECURE Act 1.0 and SECURE 2.0 changes that most often impact client retirement planning.
- Apply the inherited account payout framework, including the 10-year rule and common exceptions for eligible designated beneficiaries (EDBs).
- Identify RMD starting-age rules and the reduced excise tax structure for missed RMDs, including practical correction steps.
- Distinguish key Roth updates, including employer-plan Roth RMD changes and catch-up contribution Roth treatment concepts.
- Describe major plan sponsor provisions such as pooled employer plans (PEPs), auto-enrollment requirements, and retroactive plan adoption cautions.
- Recognize planning opportunities involving QCD updates and 529-to-Roth rollover rules, including common statutory limits/conditions.
- Spot compliance and documentation touchpoints that matter for practitioner files and client communications.
About The Presenter:
Michael R. Miranda, CPA, QKA, NQPC, AEP
Bringing 48 years of experience in tax consulting, estate planning, and employee benefits to his work as an independent consultant, Michael is the owner of MIRANDA CPA & Consulting LLC in Sioux Falls, SD. His tax practice focuses on corporate, individual, estate and gift, and tax accounting. He also provides employee benefit planning and consultation services for qualified, non-qualified, and health and welfare benefit plans. As part of his IRS representation practice, Michael has worked with the National Office to obtain private letter rulings for clients, in addition to numerous EPCRS submissions and audits. As a nationally recognized tax speaker, he maintains an active schedule presenting webinars and seminars on tax law, employee benefit planning, and estate planning.
Michael spent 27 years as a senior manager and shareholder at a regional CPA firm in Northwestern Iowa before retiring. He began his career as a Tax Specialist with a Big 8 firm, working in South Bend and Minneapolis, focusing on tax and estate planning for individuals and small to mid-sized businesses. He holds CPA, QKA, NQPC, and AEP designations and is a member of AICPA, ASPPA, NAEA, and NAEPC. In spring 2025, Michael performed as a cellist in the Des Moines Metro Opera’s production of Carmen to great acclaim.