Feb 21, 2024 to Feb 22, 2024
Thanks to a flurry of legislative and regulatory developments, IRA providers nationwide are fighting uphill battles as they strive to comply with numerous recent changes to the laws governing IRAs. These changes affect virtually every facet of IRA administration and servicing including eligibility, funding, withholding, reporting, required minimum distributions and inherited IRA distributions. As the IRS continues to issue guidance concerning the implementation of these changes, it is imperative that IRA providers stay abreast of these developments—both the help ensure internal compliance as well as to provide top-notch customer service to IRA clients.
By keeping abreast of these changes, IRA providers will be well positioned to better understand and implement the ongoing changes that are being made to the provider’s systems, forms, and procedures and be able to identify when additional steps may be warranted to help ensure ongoing compliance.
Following is a partial list of the topics that we will cover in the upcoming training sessions.
The bottom line? Numerous IRA rules have changed, new forms have been introduced, IRA software is being updated and there are more changes on the horizon. Keeping abreast of these changes—while not always easy—is crucial to running a compliant IRA program.
8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns
Day two will conclude at 3pm EST.
Day One – IRA Basics: Join us for the IRA Basics course for a full-circle overview of IRAs and the associated rules. This course is perfect for those new to IRAs, and a helpful refresher and update for those needing to “unlearn” some old rules because of the many recent changes. During day one, we’ll provide you with a solid foundation of the basic IRA rules, both old (if still applicable) and new.
Day Two – Advanced IRA Issues: During day two, we’ll get into the nitty gritty of the new distribution regulations, exploring—in depth—how these new rules affect both IRA owners and IRA beneficiaries. After thoroughly dissecting the new rules and their impact on IRA owners and beneficiaries, we’ll discuss concrete steps your financial organization can take to help ensure ongoing compliance, while also providing top-notch customer service.
IRA Basics
Jonathan Yahn, JD, CPC. Senior ERISA Counsel
Jonathan began his legal career prosecuting cases as an assistant district attorney. Growing tired of the revolving door of (allegedly) repeat offenders, he made the natural transition to ERISA attorney. His legal experience also involved a mercifully short time in private practice and a stint as a contracts and compliance manager in government procurement. Throughout this mix of professional work, Jonathan has maintained his commitment to clear, concise, and engaging communication.
A graduate of Bethel University and Hamline Mitchell Law School—both in St. Paul, Minnesota—Jonathan’s work at Convergent Retirement Plan Solutions, LLC builds on his nearly 30 years in the retirement plan industry. Early on, he earned the Certified Pension Consultant (CPC) designation from the American Society of Pension Professionals and Actuaries (ASPPA). He has contributed to numerous industry publications over the years and shares his experience through his presentations, writing, and consulting work.
Jonathan lives with his wife and two nearly grown children in scenic north central Minnesota. To avoid household chores, he often escapes on his road bike, pedaling uphill and into the wind in both directions. When it rains or snows, his escape is in books on U.S. history or behavioral psychology.
Advanced IRA Issues
The following fees include the program, training materials, continental breakfast, lunch & refreshments:
IBA Members
$495 for Both Days
$275 IRA Basics Only
$275 Advanced IRAs Only
Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates. NonMembers subject to a 100% Surcharge.
These seminars will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd., Suite 155E, Indianapolis, IN 46240.
If you have any questions please contact Elizabeth DeHaven at 317-333-7169 or via e-mail at edehaven@indiana.bank.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations the day before or absences on the day of the program. Substitutions are welcome at anytime.