Iowa Bankers Insurance & Services, Inc. Iowa Bankers Mortgage Corporation
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Event Detail

Event Description

2021 IBA Advanced IRA Seminar

TOPICS COVERED:

IRA Update
• Explain recent changes affecting IRA owners
• Recognize how recent changes may affect your organization

Required Minimum Distributions
• Calculate a required minimum distribution (RMD)
• Discuss the RMD rules and reporting requirements

Beneficiary Options
• Describe beneficiary distribution options
• Recognize the differences for the various beneficiary types
• Explain beneficiary payment deadlines.

IRA Excess Contributions
• Define an excess contribution
• Identify excess contribution correction methods
• Calculate NIA to an excess contribution
• Describe a recharacterization
• List the possible taxes and penalty taxes for excess contributions

Advanced Portability
• Summarize the restrictions on the movement between IRAs
• Describe a conversion
• Explain the effect of witholding on a conversion
• Recognize the options available when moving assets from an
  employer-sponsored retirement plan to an IRA

Instructions

 

King's Pointe Resort, Storm Lake (11/02/21 9:00AM - 4:00PM)
Courtyard by Marriott, Ankeny (11/03/21 9:00AM - 4:00PM)
Marriott Hotel, Cedar Rapids (11/04/21 9:00AM - 4:00PM)


Online Registration

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Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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