SDBA 2019 Spring IRA Update (rescheduled)

March 26, 2019

Ramkota Hotel

Sioux Falls, SD

SEMINAR 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; previous IRA knowledge is assumed. The instructor uses real-world exercises to help participants apply information to job-related situations.

COURSE HIGHLIGHTS

LEGISLATIVE UPDATE:

• Proposed legislation
• Family Savings Act
• RESA
• Trump Executive Order

IRA Contribution

• Eligibility and deadlines
• Increased limits
• COLA increases
• SEP and SIMPLE changes
• Tax Savers

IRA Transfer/IRA Rollovers/QRP Direct Rollovers

• Explanation of each
• Self-Certification: What is it? How to report it?

Conversions

• Rules
• Reporting
• Tax implications

Excess Contributions

• What are they?
• How to correct them

Recharacterizations

• What are they?
• How to report them
• How to report to the IRS

Inherited IRAs

Reporting: 5498

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

Member Fee - $265
Non-Member - $365

SCHEDULE

8:30-9:00 am         Registration
9:00-12:00 am       Program
12:00-12:45 pm     SDBA host luncheon
12:45-3:45 pm       Program continues

HOTEL INFORMATION

Ramkota Hotel
3200 West Maple St
Sioux Falls, SD
605-336-0650

CANCELLATION POLICY

100% refund if canceled on or before 2/14/19; 75% refund if canceled 2/11 – 2/13; no refund if canceled 2/14 – 2/21.  Substitutions allowed at any time.