IRA Series - 4 Part Webinar

This four part series includes the following webinars. Click each link for a complete description of what will be covered in each session. Each webinar can also be purchased individually.

IRAs: The Basics (Plan Types and Forms) - Thursday, October 20th

If you want to "jump start" your IRA knowledge base, this two-hour webinar is a good place to begin.

IRAs: Beyond the Basics (Rollovers and Transfers) - Thursday, October 27th

Learn about important recent changes to the world of IRA Rollovers.

IRAs: Way Beyond the Basics (Beneficiaries and Distributions) - Thursday, December 1st

If you're searching for a webinar that will help you achieve that higher "comfort level" on these complicated topics, this seminar is "must-attend".

IRA Audit and Compliance - Friday, December 9th

If you don't want to write checks to the IRS for filing errors, this webinar is a "must attend"!

Covered Topics:

  • IRAs: The Basics
    • Review of top terminology of IRAs
    • Basic Forms Required To Open, Close, Move and Maintain IRAs (have your own forms - including application, contribution and distribution forms - available during the webinar)
    • Qualifications, Contribution Limits and Deadlines for:
      • Traditional IRA and Roth IRAs
      • Conversion Roth (IRS codes and reporting)
      • SEP IRAs
  • IRAs: Beyond the Basics
    • Why is it important to QUALIFY the money coming into the financial institution?
    • What are the three questions that should be verified?
    • What is the IRS definition of an IRA for rollover qualification purposes?
    • What happens if an IRA accountholder exceeds the once-per-12-month rule?
    • What are the alternatives to moving money from IRA to IRA if not a "rollover"?
    • Which IRA Forms are used, and how is the movement reported to the IRS?
    • When does the financial institution have to verify transactions with the other institution?
    • What's the difference between an IRA Transfer, an IRA Rollover and a Qualified Plan Rollover?
    • Moving money from a Traditional to a Roth or QP to a Roth – Conversion vs. Rollover?
    • What is a Recharacterization between plan types?
    • How do you correctly code the above transactions to the IRS?
  • IRAs: Way Beyond the Basics
    • Basic difference between primary and contingent beneficiaries
    • Naming an estate or trust as a beneficiary
    • IRS penalty exceptions prior to age 59 1/2 and the proper IRS coding
    • Required Annual Notifications for RMDs and withholding
    • Manually calculating distributions to accountholders age 70 1/2 and older
    • Extensive discussion of beneficiary payout options - including spouse, nonspouse, estate and trust
    • Setting up the Inherited IRA and documentation requirements
  • IRA Audit and Compliance
    • IRA forms to be kept on record by your financial institution, and the accountholder's required disclosures and forms.
    • What are the IRA accountholder notices that must be sent out in a timely manner?
    • How to audit your IRA department for expertise, form use, procedures and work flow.
    • Line-by-line instructions on 5498 and 1099-R reporting - What's required vs. what's optional?
    • How and when to correct IRS reporting to avoid increased IRS fines to your financial institution.
    • The most common errors hiding in your IRA customer files.
    • Forms and tools for auditing your IRA files.
    • 2016 IRA Cost of Living Adjustments.

Who Should Attend?

Anyone who works with IRAs in any capacity will benefit from this webinar series.


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   OnDemand Recording - $1,065   
   CD-ROM - $1,255