Tax Treatment of Retirement Plans, Pensions, and Annuities

We discuss the federal income tax treatment and limitations related to qualified employee plan contributions and distributions, as well as commercial annuity contracts. Revision Date: April 2023


Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Course Description

This course is also available as part of a bundle called “Ready to Retire.” You can save money by purchasing the bundle.

This course discusses the federal income tax treatment of, and limitations related to a) qualified employee plan contributions and distributions, and b) commercial annuity contracts. It examines the qualified plan limits and income taxability of:

  • employer and employee contributions (including designated Roth account contributions);
  • plan loans;
  • life insurance contained in the plan;
  • plan distributions, including distributions as periodic payments and non-periodic payments;
  • required minimum distributions; and
  • rollovers.

The course also examines the tax treatment of lump-sum distributions and periodic payments received under commercial annuity contracts.

Upon completion of this course, you should be able to:

  • Distinguish between the types of qualified employee plans;
  • Recognize the limits imposed on qualified employee plan contributions and benefits;
  • List the requirements applicable to qualified employee plan loans;
  • Apply the federal tax laws to qualified employee plan contributions and distributions;
  • Recognize the tax treatment of nonqualified annuity distributions;  and
  • Identify the tax treatment of annuity contributions and distributions.


CPE Facts

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
NASBA 3 Self-Study Taxes N/A 103137
CTEC 3/0 Self-Study Federal Tax Law 3038-CE-0224 3038
IRS 3 Self-Study Federal Tax Law FQTGU-T-00568-23-S FQTGU
Texas State Board of Accountancy 3 Self-Study Taxes 100288 002921
Pennsylvania State Board of Public Accountancy 1.5 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.

Other Details
Last Revision April 2023
Course Expiration The CPE portion of this course expires one year from date of purchase
DrakeCPE Course Policies and CPE Affiliations