IRAs: Distributions and Beneficiaries

“Base camp, we have a problem!” Here is where our trip down the mountain starts to pick up some difficult maneuvers. I know the answer! I think I know the answer! I thought I knew the answer! Whether you are an IRA “rookie” or an IRA “pro”, you know you have probably had this feeling many times! Oh, that helpless feeling we get when an IRA accountholder asks us anything above the most basic IRA question. If you are searching for a Webinar where you will achieve that higher “comfort level” on these complicated topics, this seminar is “must-attend”.

This program is Part 3 of a 3 Part Series. For more information and series pricing, Click Here.

Covered Topics

IRA Beneficiaries

  • Basic difference between primary and contingent (secondary) beneficiaries
  • Naming an estate or trust as a beneficiary

IRA Distributions

  • IRS penalty exceptions prior to age 59½ and the proper IRS coding
  • Required Annual Notifications for RMDs and Withholding
  • The NINE red flags of beneficiary payouts – including reporting pitfalls
  • Extensive discussion of beneficiary payout options – including spouse, nonspouse, estate and trust
  • Setting up the Inherited IRA and documentation requirements

You are encouraged to bring a sample of the IRA forms your Credit Union is currently using for your review during the session including: IRA Distribution forms, Annuals Notices and any other forms you may have questions on.

Who Should Attend?

Part III is the final of this three-part series and is a “must-attend” Webinar for anyone even remotely involved in IRAs including, frontline, back office, call center, investment department, and trust department personnel will benefit greatly from the thorough discussions of the more complicated aspects of the IRA world. The content is at the intermediate to advanced level with a minimum of two years’ experience recommended. It is assumed that participants have a working knowledge of IRAs.
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   OnDemand Recording - $215   
   CD-ROM - $245