Seminar

Advanced IRA Workshop - Madison

$225 Wednesday, March 18, 2020 8:30 AM 4721 S Biltmore Lane, Madison Register

This is an advanced session; previous IRA knowledge is assumed.   

Course Topics:

  • Required Minimum Distributions 
    • Calculate a required minimum distribution (RMD)
    • Discuss the RMD rules and reporting requirements
  • Beneficiary Distributions 
    • Describe beneficiary distribution options
    • Recognize the differences for spouse, nonspouse, and nonperson beneficiaries
    • Explain beneficiary payment deadlines
  • IRA Update
    • Explain recent changes affecting IRA owners
    • Discuss the current Roth modified adjusted gross income (MAGI) limits
    • Recognize how recent changes may affect your financial organization
  • Roth IRA Conversion Contributions 
    • Describe a conversion
    • Explain the effect of withholding on a conversion
    • Report a conversion
    • Define the consequences of an ineligible conversion
  • Advanced Portability
    • Summarize the restrictions on the movement between IRAs
    • Recognize the options available when moving from an employer-sponsored retirement plan to an IRA
    • Explain the result of violating the portability restrictions
  • Withholding and Getting It Right
    • List the possible penalties for failing to withhold
    • Explain the withholding notice and election requirements
    • Discuss how withholding is reported and transmitted to the IRS
    • Describe foreign withholding requirements

Who Should Attend:

  • An IRA administrator, personal banker, or member services personnel who has a working knowledge of basic IRA operations and wishes to expand your expertise and provide enhanced customer service;
  • A financial professional who recognizes that IRAs play an integral role in retirement planning;
  • A compliance specialist with procedural oversight of IRA policies and practices; or
  • Support personnel responsible for promotional materials that describe the services provided by your financial organization.

Registration:
The registration fee of $225 includes program registration, instruction and materials, refreshment breaks and lunch.  

Refund Policy:
A refund, less a $25 administrative fee, is provided for cancellations requested on or before Friday, March 13, 2020.


$225 Wednesday, March 18, 2020 8:30 AM 4721 S Biltmore Lane, Madison Register