2010 Seminars

IRA Workshop Essentials: Day One (Atlanta,GA)

November 3, 2010
Atlanta, GA
8:30 a.m. – 4:30 p.m. Local Time
Tuition: $209
Small CU Discounts: CUs under $10 million in assets receive a 25% discount by entering promotion code 0925CU on the “Complete Checkout” page. Only one discount applies.

 
SEMINAR OVERVIEW

Staff training is a vital part of every successful IRA program. Whether you need to begin with the basics or expand your expertise, here's your opportunity to build IRA knowledge so you can provide top-notch service to your credit union's members. Please bring a handheld calculator.

Schedule
8:30 – 9:00 a.m. Registration
9:00 a.m. – 4:30 p.m. Session
Noon – 1:00 p.m. Lunch

Of related interest: IRA Workshop Advanced (Atlanta,GA)


TOPICS & OBJECTIVES
Day One: IRA Essentials
This workshop builds a solid foundation of IRA knowledge. You’ll develop the skills and knowledge to work with IRA owners and process basic transactions with confidence. Exercises are included throughout the day to help you apply the information to job-related situations. No previous IRA knowledge is required. Please bring a handheld calculator.

IRA Fundamentals
  • Understand the importance of retirement savings to your members and your credit union
  • Identify the differences between traditional and Roth IRAs
  • Know the process for establishing an IRA
Contributions
  • Learn about contribution limits and deadlines
  • Identify the eligibility requirements for traditional and Roth IRA contributions
Distributions
  • Discuss the process for removing funds from traditional and Roth IRAs
  • Identify IRS penalties and their exceptions
  • Learn when it’s necessary to withhold income taxes
  • Discover when owners are required to remove their IRA funds
Transfers and Rollovers
  • Identify the differences between a rollover and a direct transfer
  • Know what to do when the money comes from a qualified retirement plan instead of an IRA
Tax Reporting
  • Review the basic tax reports that IRA owners receive, such as forms 5498 and 1099-R

For more program content information or to request a brochure call 800-356-9655, ext. 4882, or email abollman@cuna.coop. For registration questions, call 800-356-9655, ext. 4949, or e-mail reginfo@cuna.coop.

 

Affiliation with CUNA/League is required for attendance.
LOCATION
HYATT PLACE ATLANTA AIRPORT NORTH
3415 Norman Berry Drive
Atlanta, GA 30344
Phone: (404) 768-8484
Fax: (404) 768-2277

 
CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) before the end of business on October 27, 2010 are eligible for a refund of the amount paid minus a $50 administrative fee. No refunds will be granted for cancellation requests received after October 27, 2010. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.