Ascensus is the nation's premier provider of IRA services for credit unions, and their highly skilled trainers present this virtual IRA workshop diving into more complex advanced topics - delivered right to your desk! Build upon your basic IRA knowledge to take your member service capabilities to the next level by applying real world exercises to job related situations. This session is perfect for IRA administrators, MSRs with basic IRA knowledge, compliance specialists overseeing IRA policies & procedures and marketing teams responsible for accurate IRA promotional materials.
What can you expect from IRA Advanced?
- IRA Update
- Recent Changes affecting IRA owners & your CU
- Amending IRA Documents
- Recent amendment guidance
- Plan agreement & disclosure amendment procedure
- Amendment needs for mergers, acquisitions & forms provider changes
- Required Minimum Distributions
- Calculate an RMD
- Discuss RMD rules & reporting requirements
- Beneficiary Options
- Beneficiary options upon death of owner
- Differentiate beneficiary types
- Advanced Portability
- Restrictions on movement between IRAs
- Conversion description & effect of withholding on a conversion
- Portability options in moving from employer plan to IRA
- IRA FAQs and Resources for Answers
Educational Investment: $245 per person. Note – this is for IRA Advanced Only. The IRA Essentials session must be purchased separately.
This is a multi-league collaboration and you will be re-directed to the Mississippi CU Association webpage to complete your registration. Click here