Inherited IRAs: Rules Update & Thorough Policy Review
Inherited IRAs have special rules. Recent law changes have ushered in an unprecedented number of revisions to the rules governing distributions from inherited IRAs. What support services are mandatory? What support services are optional, and what are the pros and cons of offering such services? Learn the ins and outs in this fact-filled program.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Distinguish mandatory IRA provider requirements from optional “value add” provider services
- Explain the pros and cons of offering “value add” services for inherited IRA owners
- Identify areas in your inherited IRA policies and procedures which expose your institution to unnecessary risk
- Streamline your process for handling IRA owner deaths
- Clearly delineate roles and responsibilities to IRA beneficiaries
WEBINAR DETAILS
With the recent release of the final RMD regulations, now is the time for IRA providers to conduct a thorough review of their policies and procedures surrounding inherited IRAs. In this webinar, Ben Norquist, founder and CEO of Convergent Retirement Plan Solutions, will address inherited IRA industry best practices that will help IRA providers increase both operational efficiency and the quality of customer service, while simultaneously decreasing their exposure to costly compliance errors.
WHO SHOULD ATTEND?
This informative session is directed toward individuals who make decisions concerning policies and procedures surrounding IRA owners’ deaths and the staff tasked with implementing them.
