Individual Retirement Accounts Basics for Bankers
Duration: 90 minutes
Speaker: Christy Crawford
Webinar Description
It’s getting down to the wire on that dreaded tax deadline. What do I do when someone walks into my bank at 5 PM on April 15th to make a contribution to his/her IRA? What if they don’t have an IRA account and I need to open one for them? These and other questions will be answered in this informative and timely webinar. If you have just started with IRAs or want a good review of IRA fundamentals, this is the program for you. This program will prepare you to open, move and close IRA accounts and get all the paperwork right in the process. If you have been afraid of IRAs or just don’t have enough basic knowledge, this webinar will get you excited and motivated to become the IRA expert at your financial organization. This program is designed for those with 1-3 years of IRA experience.
Agenda
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Traditional IRA Eligibility and Deductibility Requirements
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Roth IRA Eligibility and Qualified Distributions Rules
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SEPs and SIMPLES
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How to move IRA money: Rollovers and Transfers
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How to move money from company retirement plans into an IRA
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What happens if there is too much money deposited in an IRA
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What happens when the customer takes money out at age 59 ½, age 70 ½
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Rules regarding withdrawal or transfer of IRA assets after the death of the IRA owner
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Do IRAs have penalties? Who collects the penalty?
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How does the IRS know the money is going in and out of an IRA—filing requirements
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What paperwork needs to be completed to open and close an IRA account
CONTINUING EDUCATION
Continuing HRCI Credit Information
This program has been pre-approved for 1.5 hours of General recertification credit hours through the HR Certification Institute. Use of the seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit.
Continuing Legal Education Credit Information
This webinar has been approved in the following states for continuing legal education credit by The Marino Legal Academy:
California: 1.5 credit hours
The Marino Institute for Continuing Legal Education is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 credit hours of participatory CLE credit.
New Jersey: 1.5 credit hours
This webinar has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.5 CLE credit hours.
New York: 1.5 areas of professional practice credit hours
This course has been approved in accordance with the requirements of the New York Continuing Legal Education Board for veteran attorneys for 1.5 credit hours, of which 1.50 credit hours may be applied toward the Areas of Professional Practice.
Pennsylvania: 1.5 credit hours
This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
To receive CLE credit for this webinar in those states, please request such credit by writing toinfo@parkavenuepresentations.com. Your request will be forwarded to The Marino Legal Academy for processing.
CLE credit for this webinar may also be awarded in a number of other jurisdictions. For more information, please contact a Marino Legal Academy legal education consultant at (212) 249-3779,x104.
Logistics
- 90 minutes (Travel Free) delivered over the Internet.
Unlimited listeners per connection - bring the entire department.
Q&A session with the expert.
Special Feature: If you register for this webinar and cannot attend, you will be able to access a one-time instant replay without charge for up to 90 days after the date of the webinar.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.