Member Price: $975
Non-Member Price: $1275
Discounted Member Price: 10% off per registrant (3+)
IRAs remain one of the most complex responsibilities for bank staff, and no single course can cover everything. Ongoing training is essential to stay confident and compliant. IRA administration is a process—and that process starts with a strong foundation. Our IRA School provides that foundation through a clear, comprehensive curriculum designed for bankers at all levels.
TOPICS COVERED:
- Legislative Update Secure 2.0
- Delaying the Effective Date
- Requiring Beneficiaries to take Annual Distributions for the 10-year Option
- Naming Multiple Beneficiaries Consisting of an Eligible Designated Beneficiary (EDB), Designated Beneficiary (DB) and Non-person Beneficiary (including beneficiaries who may not be identifiable)
- Providing Verification for Being an Eligible Designated Beneficiary
- Removing the Hypothetical RMD
- Plan Agreement
- Amendments
- Beneficiaries
- Contribution Rules
- Transfers vs Rollovers
- Rollovers: Direct vs Indirect
- 5498 Reporting Changes
- Fiduciary Responsibility
- Distributions: Pre-59 1/2 Exceptions
- RMD’s: New age 73 Rule
- Beneficiaries Election
- Options / Taxation / Reporting
- Trust Beneficiaries
- Roth IRA with Distributions
- Conversions
- Rules, Taxation, & Reasons Why
- Prohibited Transactions
- Taxation
- Deductible vs. Non-Deductible
- Excess Contributions
- Recharacterizations
- SEP-IRA
- SIMPLE-IRA
- Self-Directed IRA’s
- Reporting Rules
- How to Correct
- Health Savings Accounts
Who Should Attend
For new IRA and experienced staff, this program is the quickest, easiest and most comprehensive coverage of IRAs and HSAs. Days one to three of the school will cover new and current IRA material, and previous topics covered at the school will be expanded.
About the Instructor
Matthew Dickinson has over 20 years in Banking and retirement, and has held many titles within his career. Matt has worked for companies such as Ascensus, Merril Lynch, Wells Fargo, and Frandsen Bank and Trust. On a day-to-day basis, Matt helps financial institutions gain and maintain their knowledge base to manage their IRA portfolio. He works at a fast pace and can win clients and prospects over by how he operates—focusing on the consequences of not moving from the status quo. Matt wants to create a lifelong relationship with his customers and welcomes all questions and inquiries throughout the program.
Hotel Information: If you require an overnight room, you are responsible for making your own reservation. Discounted group rate coming soon. Stonewall Resort, (304) 269-7400. Room temperatures vary, please bring a light jacket or sweater for comfort. Business Casual dress is appropriate. Discounted pricing available through our group, WVBankers.
