IRA Advanced - Louisville

If you are not a KBA member, please contact Jamie Hampton at jhampton@kybanks.com or 502-736-1278 for the possibility of attending at a non-member rate.

Seminar 9 a.m. - 4 p.m. local time. Registration begins after 8:30 a.m. and breakfast will be available.

Advanced IRAs builds on the attendees' basic IRA knowledge to address some of the more complex IRA issues that their financial organizations may handle. This is an advanced session; previous IRA knowledge is assumed. The instructor uses real-world exercises to help participants apply information to job-related situations.

IRA Update
  • Explain recent changes affecting IRA owners
  • Recognize how recent changes may affect your financial organization
Amending IRA Documents
  • Identify recent amendment guidance
  • Define plan agreement and disclosure statement amendment procedures
  • Describe a universal or "catch-all" amendment
  • List the amendment need for mergers, acquisitions, and forms provider changes
Required Minimum Distributions
  • Calculate a required minimum distribution (RMD)
  • Discuss the RMD rules
  • Explain the RMD reporting requirements
Beneficiary Options
  • Describe beneficiary distribution options when an IRA owner dies on or after January 1, 2021
  • Recognize the differences for the various beneficiary types
Advanced Portability
  • Summarize the restrictions on the movement between IRAs
  • Describe a conversion
  • Explain the effect of withholding on a conversion
  • Recognize the options available when moving from an employer-sponsored retirement plan to an IRA
Finding Answers to Commonly Asked IRA Questions
  • Review commonly asked IRA questions
  • Learn about resources available to find answers
Who Should Attend

You should attend this seminar if you are
  • an IRA administrator, personal banker, or member services personnel who has a working knowledge of basic IRA operations and are looking to expand your 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.
Speaker

Will be provided by Ascensus. Ascensus is the largest independent retirement and college savings services provider in the United States, helping over 7 million Americans save for the future. With more than 35 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers and individuals. Ascensus specializes in recordkeeping, administrative and program management services, supporting over 40,000 retirement plans and 3.5 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts and is home to one of the largest ERISA consulting teams in the country.

Cancellation Policy

Cancellations received more than 30 days prior to the event will receive a full refund. Cancellations received between 29 days and 10 days prior to the event will be charged a $50 processing fee. There will be no refund for cancellations received less than 10 days prior to the event. Substitutions are always welcome and encouraged. All cancellations and substitutions must be submitted in written format prior to the event.
When
9/15/2022
Where
Indiana Wesleyan University 1500 Alliant Avenue Louisville, KY
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Cancellation Policy
  
Cancellations received more than 30 days prior to the event will receive a full refund. Cancellations received between 29 days and 10 days prior to the event will be charged a $50 processing fee. There will be no refund for cancellations received less than 10 days prior to the event. Substitutions are always welcome and encouraged. All cancellations and substitutions must be submitted in written format prior to the event.