New Required Minimum Distribution Regulations, Effective January 1, 2025

On-Demand Webinar:
StreamedSep 17, 2024Duration90 minutes
  • Unlimited & shareable access starting two business days after live stream
  • Available on desktop, mobile & tablet devices 24/7
  • Take-away toolkit
  • Ability to download webinar video
  • Presenter's contact info for questions
See Registration Options

Compliance Alert:

The IRS has issued final regulations that have significant implications and compliance requirements affecting IRA owner required minimum distributions (RMDs) and beneficiary distribution options calculations. Attend this timely webinar to get the information needed to react to the updated rules and clarifications before the January 1, 2025, effective date.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Recall the provisions that remain consistent with the previously published (i.e., proposed) RMD regulations
  • Recognize the provisions included in the final RMD regulations that deviate from the proposed RMD regulations
  • List the processes at your financial institution requiring internal review/audit
  • Identify issues that require staff awareness and training
  • Know the due date for complying with the final regulations

WEBINAR DETAILS

Join us to learn the most important provisions in the 260-page regulatory guidance affecting IRA RMDs and required IRA beneficiary distributions. The IRS’s final regulations issued on July 19, 2024, confirm numerous positions in the previously published proposed RMD regulations, provide greater clarity on a range of IRA owner and beneficiary RMD topics, and reflect changes or clarifications made in response to extensive industry feedback.

With a January 1, 2025, effective date, financial institutions have a very short period of time to review current IRA documents, policies, and procedures in order to identify changes that must be implemented between now and year end to comply with the final regulations.

WHO SHOULD ATTEND?

This timely webinar will benefit everyone at your organization who is involved with IRAs, including operations, compliance, administrative and supervisory staff, and service representatives. Management, trust department staff, and those licensed for insurance and securities will also benefit.

TAKE-AWAY TOOLKIT

  • Link to the final RMD regulations
  • Links to other relevant resource materials and guidance
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

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

Presented By

Frank J. LaLoggiaFrank LaLoggia
LaLoggia Consulting, Inc.
Ben NorquistBen Norquist
Convergent Retirement Plan Solutions, LLC
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC