Two Day IRA Training

The IRS has made some major changes to Individual Retirement Arrangements for 2020, and has issued some Coronavirus related relief.  Join your credit union peers for a two day IRA Workshop to brush up on the basics and learn about all the changes and relief measures.  This workshop is also an excellent introduction for those new to working with IRAs. 

On Day 1 we will cover the fundamentals of Traditional, Roth and Coverdell IRAs to include:

• eligibility
• account opening and appropriate disclosures
• different types of contributions
• different types of distributions
• deceased IRA owners

On Day 2 we will dive into more advanced topics such as:

• excess contributions
• calculating income attributable (bring a calculator)
• calculating required minimum distributions
• trusts as beneficiaries
• beneficiary payment options
• sub accounts
• re-characterizations

Choose either one or both days of training depending on your needs or experience.

Training is presented by Joanne Broderick, Compliance Consultant, CUCE, BSACS, CUBLP

The training will be held from 10:00 a.m. to 4:00 p.m. on both days.