IRA Series: Traditional & Roth IRAs Part B: Distributions, Taxation, Withholding & Penalties

Date:

Oct 21, 2025

Register

Whether you are new to the IRA world or looking for an informative refresher on Traditional and Roth IRA rules, this program is for you.

Join us to explore IRA plan distributions, taxation, withholding, and penalty tax rules. This informative session will walk through the concepts that have the greatest impact on IRA owners and financial organizations.

Agenda

October 21, 2025
11:00am - 12:30pm EST

At some point - preferably in retirement - IRA owners start dipping into their IRA savings. This program will convey key compliance and customer service considerations to know when processing IRA distributions requests. It will illustrate tax and penalty implications of owner distributions from their Traditional and Roth IRAs to help you understand what accountholders are grappling with (hopefully in partnership with competent tax professionals). Speaking of penalties, this seminar will help you categorize the various penalties to which IRA owners are subject. Finally, you’ll be refreshed on IRA withholding requirements – and contrast the 2023 requirements against those which you managed for years.

Topics

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Explain Traditional and Roth IRA distribution requirements
  • State the tax implications of Traditional and Roth IRA distributions
  • Recall the IRA premature distribution penalty tax
  • Using a credible reference source, list the early distribution penalty exceptions
  • Understand federal tax withholding rules related to IRAs and confidently complete IRS Form W-4R
  • Define a Traditional, SEP, and SIMPLE RMD
  • Describe the RMD statement and report requirements
  • Identify the age at which an owner becomes subject to RMDs
  • Calculate an IRA owner’s RMD based on the applicable age and IRA balance
Speaker(s)

Loni Porta
Convergent Retirement Plan Solutions, LLC

Loni Porta is the director of education at Convergent Retirement Plan Solutions and has been with the company since 2004. An industry leader in IRA, HSA, and retirement plan education, Loni plans, budgets for, and builds training and education products and solutions for financial organizations nationwide. An avid student of learning styles and adult learning principles, Loni incorporates her skills into Convergent’s training and education products and services.

She attended North Dakota State University in Fargo, ND, and came to Convergent after her tenure at Universal Pensions, Inc. (UPI), a nationally recognized retirement consulting and training firm in Minnesota. While at UPI, Loni helped design the industry’s first IRA-specific designation program (the American Bankers Association's Certified IRA Services Professional (CISP) program) and NAFCU’s Certified IRA Professional program.

Additional Information

WHO SHOULD ATTEND?

This informative session is designed for those directly interfacing with IRA owners to accurately discuss IRA owner distribution tax and penalty implications regardless of their ages and RMD status. This webinar is appropriate for those to whom distribution questions or transactions are escalated, to steer staff toward tight and compliant distribution transactions. It is perfectly suited to IRA operational, supervisory, or managerial staff and licensed insurance and registered representatives.

TAKE-AWAY TOOLKIT

  • Job aids for:
    • Calculating required minimum distributions
    • Step-by-step IRA withholding
    • IRA reporting
  • 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.

Fees

Live Webinar - $255

  • Unlimited connections for your institution
  • Available on desktop, mobile & tablet
  • Take-away toolkit
  • Presenter’s contact info for questions

On-Demand Webinar - $255

  • 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

Live + On-Demand - $375

Get the best of both and save when you Bundle the Live & On-Demand Webinar registration! This option includes all the items listed above.

**100% surcharge applied to non-members.

Association Contact

Katie Yates
Education Coordinator
o: 317-387-9380
d: 317-333-7162
kyates@indiana.bank