Event Calendar
Prev MonthPrev Month Next MonthNext Month
SDBA 2018 IRA Winter/Spring Update - Sioux Falls
Best Western Plus Ramkota Hotel
3200 W Maple St
Sioux Falls, SD 57107

View additional information
Wednesday, February 21, 2018
Category: Seminars

IRA Update Seminar

February 21, 2018
Ramkota Hotel
Sioux Falls, SD


Program Description

IRA update builds on the attendees’ knowledge of IRA basics to address some of the more complex IRA issues their financial organizations may handle. This course will also include all changes that have occurred and discuss any pending legislation. This is a specialty session; some previous IRA knowledge is assumed. The instructor uses real-world exercises to help participants apply information to job-related situations.


Michael O’Brien has been a key player in the retirement services industry for more than 30 years. O’Brien has served as senior vice president of Integrated Retirement, vice president of retirement products and solutions at Ascensus (formerly BISYS), and as a senior consultant with Universal Pensions, Inc. He has provided consulting and educational
services to all facets of the retirement industry—mutual fund companies, insurance companies, banks, brokerage firms and other financial organizations.

Course Highlights

  • Plan Agreement changes and amendment update
  • IRA transfer versus IRA rollover
  • Moving QRP money as a direct or indirect rollover
  • Overview of IRA RMDs
  • Roth Distributions: Qualified versus Non-Qualified
  • Excess contributions
  • Recharacterizations
  • 5498 changes
  • Withholding reminder notice
  • Self-certification
  • Current events


8:30—9:00 a.m.                   Registration
9:00—noon                          Program
noon— 12:45 p.m.               SDBA Host Luncheon
12:45—3:45 p.m.                 Program Continues


Ramkota Hotel
3200 West Maple St. Sioux Falls

Who Should Attend

  • IRA administrator, personal banker, or member services personnel who has a working knowledge of basic IRA operations and wishes to expand their 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 Fee

Registration includes program, handouts, breaks and lunch.

Member: $265/person.................Non-Member: $370/person

Registration fee includes $25 for meals and breaks. This information is provided for your tax records, in keeping with the IRS 50 percent deductible provision under Section 274 (n) of the Internal Revenue Code.

Credits: We have applied for six hours of continuing education credits from the SD Division of Insurance.

Questions: Call the SDBA at 800.726.7322 or email Halley Lee at hlee@sdba.com.