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2022 SDBA Fall IRA Update
Thursday, November 03, 2022, 8:00 AM - 3:30 PM CDT
Category: SDBA Events

2022 SDBA Fall IRA Update

November 3, 2022

Virtual via Zoom

Register Online | Print Details & Registration Information

SEMINAR DESCRIPTION

The 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 includes how the SECURE Act really changes our two biggest topics: RMDs and death distributions and discusses 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.

COURSE HIGHLIGHTS

1. Death Distribution Options: How SECURE changed some of the options, but how we still use some of the old beneficiary options.
2. Creating Inherited IRA Accounts
3. Reporting to IRS in the "year of death" and then "year after death"
4. When and how to use the new "W-4R" and what happens to the "W-4P"
5. Review RMD rules and characteristics
6. Getting ready for year-end and what happens in January: Fair Market Statements, RMD notices, and 1099-Rs
7. New life expectancy tables for 2022! RMD calculations and inherited IRA RMD calculations change
8. Amendment and plan agreement update
9. Legislative update

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.

ABOUT THE PRESENTER

Matthew Dickinson has been working with IRAs for 18 years. Matthew not only instructs, but he listens and responds to special needs and involves his audience in an effective group learning experience. Attendees are encouraged to ask questions or share concerns throughout the program.

SCHEDULE

8:00 am - Registration
8:30-12:00 pm - Program
12:00-12:45 pm - Luncheon
12:45-3:30 pm - Program continues

Zoom link will be sent out to attendees 24 hours in advance.

REGISTRATION FEE

Registration for members - $285.00

Registration for non-members - $385.00

CANCELLATION POLICY

100% refund if canceled on or before 10/21/22; 75% refund if canceled 10/22 – 10/25; no refund if canceled after 10/25.  Substitutions allowed at any time.