Distribution Planning and Options
Program
Retirement distributions are not just taking money out of an account. The timing, source, and method of distribution can materially affect the retirement account owner’s income taxes, penalty exposure, future required withdrawals, and long-term after-tax wealth. Here are some questions to consider: Should I withdraw now or later? Roll funds over or keep them in the retirement account or plan? Convert to Roth?
Key Takeaways:
- Know what is in the account – how much is pretax and how much is after -tax basis
- Do not overlook RMD mechanics and consider donating RMD directly to charity (Qualified Charitable Distribution)
- Check penalty exceptions before taking early distribution
- Roth conversion
Speakers
Bella P. Wang, CPA, MST, CGMA
Bella joined Windes in 2000 and has 30 years of experience in public accounting. Her practice focus is tax planning, consulting, and
compliance for large and midsize domestic and international businesses and high-net-worth individuals.
Bella assists clients with business entity selection, tax ramifications related to mergers and acquisitions, and reorganization and planning for transactions. She also specializes in international tax considerations, including international tax planning and compliance, as well as consulting on a broad range of inbound and outbound tax issues. Bella helps clients understand the implications of international tax developments to minimize their worldwide tax burdens and advises on global mergers and acquisition transactions. She also consults on ASC 740 and ASC 740-10 analysis, including financial statement disclosure requirements.
Bella serves a number of industries, including manufacturing, real estate, wholesale, technology/e-commerce and retail, construction, transportation, oil and gas, import/export, professional services, and healthcare.
Bella is an in-demand speaker who presents on a range of topics related to new tax laws and tax planning strategies. In 2021 and 2022, she was recognized by the Los Angeles Business Journal as one of the “2022 Leaders of Influence: Minority CPAs.” In addition, Bella oversees the training and mentoring of internal staff and is fluent in Mandarin.
Bradley R. Behrendt, CFP®, CFPA®
Brad has been in the financial services industry since 1998. Prior to coming to Tax & Financial Group (TFG), he was with Ernst & Young and performed audit work at companies that included PacifiCare, St. Joseph’s Health Systems, and Newport Corporation. At TFG, Brad is primarily focused on insurance and financial strategies for small business owners, corporate executives, and high net worth individuals.
An active business leader, Brad is committed to giving back to the industry and his community. He has been recognized for his achievements by both national and local associations of financial professionals. Additionally, he is asked to share his insight on advanced strategies to others in the industry. Brad is involved in Tax & Financial Group’s “We Care for Kids, Inc.” Charity Golf Tournament and Auction benefitting the Make-A-Wish Foundation of the Orange County and Inland Empire.
Brad is a Registered Representative of Cetera Wealth Services, LLC, and Investment Advisor Representative of Cetera Investment Advisers LLC. He holds the Series 7 and 66 securities registrations and is licensed for life and heath insurance. He is a Certified Financial Planner™ professional and a Certified Public Accountant (CPA). Brad graduated from California State University, Fullerton.
Continuing Education
2 CE for AIF (pending)
2 CPEs for ASPPA certifications
2 CE for ERPA (pending)
2 CECs for NIPA certifications
2 hours for California CPAs
1.5 hours of California MCLE
2 hours for Certified Financial Planners (pending)
2 CE for CRPS
2 CE for CEBS
Pricing
- Individual Member: $55
- Non-Members $80
- Gold Members: Prepaid Must Register Online
- Corporate & Sponsor Members: Prepaid Must Register Online
Doors open at 7:30 am for check-in, breakfast and networking. Our program will begin at 8:00 am and this program will end at approximately 9:45 am. The registration fee includes a full breakfast buffet and hosted valet parking.
- WP&BC Members can bring a guest for free! This is a wonderful opportunity to introduce your peers and colleagues to our Chapter. Remember, your guest MUST be a first-time visitor and potential member. Email info@wpbcorangecounty.org for details.
- The statements and materials presented at WP&BC Orange County Chapter events are solely the opinions of the speakers and do not represent the opinions or positions of WP&BC Orange County Chapter. In addition, WP&BC Orange County Chapter assumes no responsibility for the content or accuracy of the statements and materials presented by speakers at WP&BC Orange County Chapter events.
Enjoying our programs and interested in membership? Please send an email to info@wpbcorangecounty.org for additional information.