It’s getting down to the wire on that dreaded tax deadline. What do you do when someone walks in at 5PM on April 18th this year to make a contribution to his/her IRA? What if s/he doesn't have an IRA and you need to open one for him/her?
These and other questions will be answered in this informative webinar. If you have just started with IRAs or want a good review of IRA fundamentals, this is the program for you. This session will prepare you to open, move, and close IRAs-- and get all the paperwork right in the process. If you have been afraid of IRAs or simply lack basic knowledge on the topic, this webinar will get you excited and motivated to become the IRA expert at your organization.
-Traditional IRA Eligibility and Deductibility Requirements
-Roth IRA Eligibility and Qualified Distributions Rules-
-SEPs and SIMPLES
-How to move IRA money: Rollovers and Transfers
-How to move money from company retirement plans
-What happens if there is too much money put in an IRA
-What happens when the customer takes money out at 59 ½, 70 ½ and death
-Do IRAs have penalties? Who collects the penalty?
-How does the IRS know the money is going in and out of an IRA
-What paperwork needs to be completed to open and close an IRA
Who Should Attend?
This webinar is designed for:
- New Accounts Representatives
- Branch Managers
- Branch Administration
- IRA Administrators
- Personal Bankers
- Training Officers
- All Frontline Personnel