Professional Development through partnership with CUNA

 2013 Seminars

IRA Workshop: Essentials

March 5, 2013
Raleigh, NC
8:30 a.m. – 4:30 p.m. Local Time
Tuition: $229
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

Build your IRA knowledge and provide top-notch service to your credit union's members.

IRA Essentials: Day 1
IRA Essentials will provide attendees with a solid foundation of IRA knowledge. Attendees will leave this session able to work with IRA owners and process basic IRA transactions with confidence. Topics include:

  • Introduction to IRAs
  • Establishing an IRA
  • Funding
  • IRA Distribution

Schedule:
8:30 - 9:00 a.m. Registration
9:00 a.m. - Noon Sessions
Noon - 1:00 p.m. Lunch
1:00 - 4:30 p.m. Sessions

Of related interest: IRA Workshop: Beyond Essentials


TOPICS & OBJECTIVES
Introduction to IRAs
  • Explain the benefits of an IRA
  • Identify the tax differences of a Traditional and Roth IRA
Establishing an IRA
  • Examine the process for establishing an IRA and the required documents
  • Differentiate between the types of beneficiaries
Funding
  • Learn about the Traditional and Roth IRA eligibility requirements
  • Identify the contribution limit and deadline
  • Ensure accurate contribution reporting
IRA Distributions
  • Distinguish the possible taxes on IRA distributions
  • Identify federal and state tax withholding requirements
  • Examine IRS penalties and their exceptions
  • Ensure accurate distribution reporting
Portability
  • Identify the differences between a rollover and a transfer
  • Recognize rollovers between IRAs and employer-sponsored retirement plans
  • Ensure accurate rollover reporting
Reporting
  • Recognize reporting requirements and outline IRA reporting deadlines
Affiliation with CUNA/League is required for attendance.
LOCATION
QUORUM CENTER - NC CREDIT UNION LEAGUE
323 W Jones St
Raleigh, NC 27603-1590
Room rates:*

* Room rates and availability cannot be guaranteed. Rooms may be sold out prior to this date, so make your hotel reservations early! Room reservations and fees are the responsibility of the registrant.

 
INSTRUCTORS
Fred Volkman, CIP
Fred is a training consultant for Ascensus, Inc., a division of Crump Group, Inc. He is responsible for developing and delivering IRA training programs on a national level to meet the needs of credit unions and leagues. Fred is also the project manager for compliance and operational eLearning. As such, he is responsible for overseeing new and existing webinars for credit union staff, including the development, design, implementation, assessment and maintenance of all courses. He is also the project manager for the IRAdirect® training environment.

CANCELLATIONS
The last day for cancellations was February 25, 2013. 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.