IRA's Part 2 - QP and IRA Rollovers vs. Transfers Webinar

This is a ‘must-attend’€ webinar for anyone – even remotely – involved in IRAs including, frontline, back-office operations, call center, investment department, and trust department personnel.

Qualify the Money! The questions that need to be asked are:

  1. “What plan type is it coming from?”
  2. “What plan type is it going to?”
  3. “Can the customer use the funds between Point A and Point B?”

The answers to these 3 questions will put you on the right path to your IRS reporting. And, it’s ALL about the reporting when it comes to IRAs. By not knowing the difference of how retirement money moves between the custodians and trustees, the bank coding and IRS reporting may not match. This results in needless letters and bills received by the customers from the IRS because they can’t figure out what happened.

Covered Topics

  • What is the IRS definition of an IRA for rollover qualification purposes?
  • What happens if an IRA account owner exceeds the once-per-12-month rule?
  • What are the exceptions for the 60-day time period where the customer can ‘self-certify’€ the rollover is still allowed?
  • What are the alternatives to moving money from IRA to IRA if not a ‘rollover’€?
  • Which IRA Forms are used and how is the movement reported to the IRS?
  • When does the financial institution have to verify transactions with the other institution?
  • What’€™s the difference between an IRA Transfer, an IRA Rollover and a Qualified Plan Rollover?
  • Moving money from a Traditional to a Roth or QP to a Roth ‘€“ Conversion vs. Rollover?
    Most importantly’€¦How are the transactions above reported to the IRS?

This is part two of a four-part series. While attending one part of the webinar series may help, attending all four parts will give you the most comprehensive breakdown of the rules and regulations.

Who Should Attend?

This is a ‘must-attend’€ webinar for anyone – even remotely – involved in IRAs including, frontline, back-office operations, call center, investment department, and trust department personnel.

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.

View Delivery Options

Related Topics

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
IRA's Part 2- QP and IRA Rollovers vs. Transfers1 Any AnyWebinarOn-Demand Faculty$279.00 Register Now
Delivery Options

Webinars for Banks and Credit Unions

Live Webinar:

INCLUDES 30 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. 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 phone for the audio. You can type and send your questions to the instructor.  And don‰’t worry if you miss the webinar, you can still view it for up to thirty days after it takes place!

Live Plus Twelve Months OnDemand Playback:

With this option, you will receive the live version, then you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link 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 an effective training tool. The link will be available to you (and anyone else in the company) for up to twelve months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

Live, Twelve Months OnDemand Playback PLUS CD-ROM VIDEO:

By adding the CD-Rom to your order, you will have non- internet access 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 the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

Recorded Webinar Options available as Twelve Months OnDemand and Twelve Months OnDemand and CD-Rom

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