2014 Advanced IRAs
This program builds on the attendees' knowledge of IRA basics to address complex IRA issues
Advanced IRAs builds on your knowledge of the basics to help you learn how to address more complex issues in your organization. The instructor uses real-world exercises to help participants apply information to job-related situations.
The seminar will be held November 5 from 8:30 a.m. to 4:00 p.m., with breakfast and registration beginning at 7:30 a.m. and lunch at noon.
Welcome & Introductions
- Recognize amendment requirements and procedures
- Describe a catch-all amendment
Resolving Contribution Issues
- Identify the difference between a true excess and a deemed excess
- Explain the deadline to correct an excess contribution
- Calculate net income attributable (NIA) and describe the methods for correcting an excess contribution
- Explain the restrictions on the movement between IRAs and the result of violating the portability restrictions
- Recognize the options available when moving from an employer-sponsored retirement plan to an IRA
- Describe a conversion, a reconversion, and the consequences of an ineligible conversion
- Calculate a required minimum distribution (RMD)
- Discuss the RMD rules and reporting requirements
- Describe beneficiary distribution options and deadlines
- Explain the withholding notice and election requirements
- Recognize when withholding is mandatory, how it is reported, and what penalties may apply
You should attend this seminar if you:
- Are an IRA administrator, personal banker, or member services personnel who has a working knowledge of basic IRA operations and wishes to expand your expertise and provide enhanced customer service;
- Are a financial professional who recognizes that IRAs play an integral role in retirement planning;
- Are a compliance specialist with procedural oversight of IRA policies and practices; or
- Are support personnel responsible for promotional materials that describe the services provided by your financial organization.
Debbie Shipman is a Senior Training Consultant with the Resource Development department at Ascensus. Ms. Shipman conducts IRA training programs nationwide. Her expertise includes Traditional and Roth IRAs, Coverdell education savings accounts, health savings accounts, and SEP and SIMPLE IRA plans. She leads the analysis, design, development, implementation, and evaluation of Ascensus’ IRA workshop curriculums, as well as in-house training programs. Ms. Shipman also lends her expertise to the distance learning curriculums, including webinars and IRA Essentials OnDemand.
Ms. Shipman joined Ascensus in 1999 as a training consultant. She attended the University of Wisconsin–Madison. Ms. Shipman has earned the Certified IRA Specialist (CIS) designation through Ascensus, the Certified IRA Professional (CIP) through the National Association of Federal Credit Unions (NAFCU), and the Certified IRA Services Professional (CISP) designation through the American Bankers Association (ABA). She is a member of the Association for Talent Development (ATD).
Early-Bird Registration through Monday, October 6, 2014
CBA Member: $345
CBA Member: $445
Substitutions are allowed, at no additional cost. Written notice is required for all substitutions/cancellations. The full registration fee will be refunded if written notice is received by October 13, 2014 and fifty percent if by October 20. No refunds will be provided after October 20. Registrations made on or after October 20 are not subject to refund.
If for any reason you are not fully satisfied, please contact Laurie Eaton, Senior Manager of Education at (916) 438-4433.
Wednesday, November 5, 2014
Hyatt Regency Newport Beach
1107 Jamboree Road
Newport Beach, CA 92660
CBA has arranged a special rate of $139 per night, which includes guestroom internet. Please contact the hotel at 800-233-1234 to make your room reservation, by October 28, 2014 or click the link for online reservations: https://resweb.passkey.com/go/ADIR
CBA will host parking the day of the event.
Program Level: Update for all levels
Advance Preparation: None
Method of Presentation: Group – Live (Lecture, Discussion, and Table Exercises)
Recommended CPE Credits: 7.0 Hours Maximum
(Estimated 2.0 Finance, and 4.0 Specialized Knowledge and Applications)
Sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. Please note that not all state boards have adopted this rule. Some participants may not be able to use one-half credit increments.