IRA—Basic One Day

Program Overview:

The Basic IRA seminar is designed for those new to IRAs or a great review for those who have been in the business for awhile. It addresses the purpose of IRAs, the role IRAs play in a customers’ retirement strategy and all the different types of IRAs and their eligibility requirements. But this great seminar includes some information on distributions and death distributions. Seminar attendees will leave with less apprehension about their responsibilities and compliance issues for opening IRAs at the financial institution.

What you will learn:

- Overview of IRAs's
- Traditional IRA's
- Roth IRA's
- Qualified Retirement Plan Rollovers
- Simplified Employee Pension Plan
- Moving and Changing IRA's
- Education Savings Accounts
- Basics on Premature Distributions
- Basics on 70 1/2 Distributions

Who should attend:

All new IRA personnel, customer service representatives, personal bankers who open or manage IRAs. Also support operational staff who need a basic understanding of the products which they support

Recommended time:

6 educational hours