Year-End IRA Actions: Notifications, Reporting & Monitoring, Including SECURE Act & COVID Rule Changes

This is a 90-minute webinar.

10:00 am – 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

This year-end cycle will be like none other. Changes due to COVID-19 and the SECURE Act require attention to new compliance issues. Join us to learn the changes and get the most-current guidance to ensure accurate year-end monitoring, reporting, and notifications.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Complete 1099-R and 5498 forms and comply with annual deadlines and recent reporting guidance
• Understand required IRA owner statements and notices, including account, fair market value, and required minimum distribution statements and notices
• Feel more confident interacting with IRA owners
• Discuss the latest and any late-breaking guidance resulting from recent legislation
• Avoid penalties for missing year-end reporting and notice deadlines

WEBINAR DETAILS

Do you understand the many responsibilities incumbent with handling and administering traditional and Roth IRA accounts? Presented in an easy-to-understand format, this session will ensure you are up to date on year-end reporting, participant notifications, and other compliance responsibilities. It will include the latest regulatory guidance from the SECURE and CARES Acts. Whether you have operational, managerial, or consumer contact, this informative session will increase your awareness of the responsibilities and choices you have as an IRA Trustee or Custodian.

Attendance certificate provided to self-report CE credits.

WHO SHOULD ATTEND?

This session will provide important, practical information for staff with IRA operational, compliance, or reporting responsibilities. It will provide supervisors and management with a solid understanding and appreciation of traditional and Roth IRA reporting, statement, and notice requirements. Licensed insurance representatives and registered representatives will also gain valuable retirement plan knowledge.

TAKE-AWAY TOOLKIT

• Employee training log
• Interactive quiz

NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.