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2023 SDBA IRA School
Tuesday, September 19, 2023 to Thursday, September 21, 2023
Category: SDBA Events

2023 SDBA IRA School

September 19-21, 2023 | 8:15 a.m. to 4:45 p.m. daily

Clubhouse Hotel & Suites, 2320 S. Louise Ave. | Sioux Falls, S.D.

Register Online | Print Details & Registration 


Clubhouse Hotel & Suites
2320 S. Louise Ave., Sioux Falls, S.D.
Phone: 605.361.8700
If you require overnight lodging, contact the hotel to make your reservation by Aug. 25, at which time the block will be released. Ask for the SDBA rate of $129 for a queen room.


The SECURE Act impacts two main topics: RMDs and death distributions. The SDBA’s 2023 IRA School on Sept. 19-21, will address these relevant changes. In addition, IRAs are one of the most complicated areas of bank personnel responsibility, and it is not possible to learn and understand everything. Continual education is necessary to ensure confidence. Working with IRAs is a process and must start with a strong foundation. This school can provide this foundation through a comprehensive curriculum.


For new IRA and experienced staff, this program is the quickest, easiest and most comprehensive coverage of IRAs and HSAs. The school will cover new and current IRA material, and previous topics covered at the school will be expanded.


(Includes school program, instruction materials, lunches and breaks.)

Full School (days 1-3): Member - $850 | Nonmember - $1,050
Days 1-2 Only: Member - $570 | Nonmember - $770
Day 3 Only: Member - $290 | Nonmember - $490


100% refund if canceled Sept. 5 or prior. 75% refund if canceled Sept. 6-8. No refund if canceled Sept. 9 or later. Substitutions allowed at any time.
Special Requests: If you have any special requests, please contact Halley Lee at 605.224.1653 or [email protected] by Sept. 5.


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.


September 19 Agenda

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
  • Required vs Suggested
  • Expanded Coverage

Contribution Rules
Transfers vs Rollovers
Rollovers: Direct vs Indirect
5498 Reporting Changes
Fiduciary Responsibility

September 20 Agenda

Distributions: Pre-59 1/2 Exceptions
RMD’s: New age 73 Rule
Beneficiaries Election
  • Options / Taxation / Reporting
Trust Beneficiaries (New)
Roth IRA with Distributions
  • Rules, Taxation, & Reasons Why
Prohibited Transactions
  • Deductible vs. Non-Deductible

Who Should Attend Day 3?

This program is for anyone who is involved indirectly or directly in IRA operations, reporting, auditing or compliance and covers how the SECURE Act will affect bank operations. Attendees will work on actual case problems.

September 21 Agenda

Excess Contributions
Self-Directed IRA’s
Reporting Rules
  • 5498’s & 1099- R’s
How to Correct
  • 5498’s & 1099-R’s

Health Savings Accounts


1. IRA Vendor Forms
2. Plan Agreement
3. Contribution Form
4. Distribution Form
5. Transfer Request
6. Direct Rollover Request
7. Rollover Certification
8. 70.5 Election Form
9. Waiver Form
10. Beneficiary Plan Agreement
11. Beneficiary Elections
12. Beneficiary Contribution
13. Beneficiary Distribution Form
14. RMD Letter
15. Withholding Reminder Notice


American Bankers Association (ABA) Professional Certifications has approved The IRA School for:
23.5 CRSP, CISP, CTFA credits. APPROVED NON-ABA CE search for training will appear as: JM Consultant | The IRA School
*Approved program may take up to 7 days after approval to appear in CE Search.


For questions, contact the SDBA at 605.224.1653 or email [email protected], or school instructor, Matthew Dickinson, at [email protected].