IRA Death Payments to Beneficiaries Webinar
In this two hour webinar, we will focus on the answers to these questions in a nice, detailed format with examples and handouts to help facilitate your beneficiary payouts when an IRA owner dies.
Webinar Description and Intended Audience
There is no topic that produces more questions than death payments to IRA beneficiaries – whether it’s a spouse, individual nonspouse, revocable trust, irrevocable trust, entity or no beneficiary named. Then you have to throw in the factors of multiple beneficiaries, how old the owner is at death, who died before who, disclaimers…. It’s enough to make you crazy. In this two hour webinar, we will focus on the answers to these questions in a nice, detailed format with examples and handouts to help facilitate your beneficiary payouts when an IRA owner dies.
What You Will Learn:
- What documents are we required to obtain when an IRA owner dies?
- Whose responsibility is it to notify the beneficiaries?
- What are the NINE biggest mistakes we make on beneficiary payouts – including reporting pitfalls?
- What payout options do beneficiaries have and what are the determining factors for each option?
- What forms do we use to set up Inherited IRAs and how should they be titled?
- Who do we pay out to when a trust or estate is named as beneficiary on an IRA?
- What happens when a beneficiary wants to move their IRA from one institution to another?
- How do we handle rollovers for beneficiaries of Qualified Employer Plans?
You are encouraged to have your IRA forms available such as the IRA Distribution form, Beneficiary Election of Payment Form and Inherited IRA Application to reference during the session.
Who Should Attend?
This is a crucial webinar for anyone even remotely involved in IRAs including, frontline, back office, call center, investment department, and trust department personnel will benefit greatly from the thorough discussions of death payments. The content is at the intermediate to advanced level with a minimum of two years’ experience recommended. It is assumed that participants have a working knowledge of IRAs.
Webinar Viewing Options
INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK! With this option, you will participate in the webinar live, via the internet. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!
SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.