This four-part series provides a practical, end-to-end understanding of Individual Retirement Accounts (IRAs)—from foundational terminology and account types to complex rollover rules, evolving distribution regulations, and critical documentation requirements—equipping financial professionals with the knowledge needed to ensure compliance, accurate reporting, and effective account management.
IRA Part 1
September 16, 2026 | 10:00 am – 12:00 pm CT
Welcome to the world of IRAs. To be honest, these retirement accounts can be one of the most challenging products offered by the financial institution. There are so many rules to follow, and they constantly change. How can we keep up?
What You’ll Learn
- What is the difference between an IRA Plan and an IRA Account?
- What forms are required to establish a legal IRA and which forms are supplemental?
- What are the benefits of a Traditional IRA and when can the contribution be deductible?
- Why would many people choose a Roth IRA over a Traditional IRA?
- Who can make contributions to a SEP IRA and how are they reported to the IRS?
- Why is it so important to use the correct transaction description for IRA activity?
IRA Part 2
September 29, 2026 | 10:00 am – 12:00 pm CT
You might think you know the difference between an IRA Rollover vs. an IRA Transfer vs. a QP Direct and Indirect Rollover. But the “rollover” and “transfer” words are two of the most misused and abused terms in the IRA world. Not knowing the difference leads to misreporting to the IRS, which can result in unnecessary letters and bills to the customers.
What You’ll Learn
- What are the rules of moving money from IRA to IRA as a “rollover?”
- What are the new rules regarding rolling over IRAs to customers who are in RMD status?
- Why are IRA transfers and Qualified Plan direct rollovers often confused?
- What kind of IRS reporting is generated on an IRA to IRA transfer?
- What is a “Rollover IRA” and how do we move it to another institution?
- What happens if the 60-day rule is not followed?
- How many tax-free IRA rollovers can a customer take advantage of in a 12-month period?
IRA Part 3
October 14, 2026 | 10:00 am – 12:00 pm CT
IRA Distributions to owners and beneficiaries will make even the most seasoned IRA expert a little insecure. Just when you think you’ve got it, they change it. The last six years have produced the most substantial changes to IRAs in over 20 years. It is imperative that you know the difference between the “old rules” and the “new rules.”
What You’ll Learn
- When are we required to have the customer sign a W-4R Federal Withholding Election?
- What is the difference between a Required Beginning Year (RBY) and a Required Beginning Date (RBD)?
- What are the required notices we must produce when a customer is in RMD status?
- What is a Qualified Charitable Distribution and what is the new code used on the 1099-R?
- What are the three categories of beneficiaries to determine payout options available?
- How do we report payments to beneficiaries to the IRS?
- What are nine red flags of beneficiary payouts?
- Which beneficiaries have to begin payout the year after the owner’s death?
- What is a “successor beneficiary” and what payout options do they have?
IRA Part 4
October 20, 2026 | 10:00 am – 12:00 pm CT
Now here’s a job that nobody wants: auditing the IRA files for necessary paperwork and getting rid of the “junk.” But what paperwork and documents are required to be in the file, and which can be thrown away? This two-hour webinar will answer these questions and many more.
What You’ll Learn
- What are the legal requirements for documentation to be maintained in your IRA files?
- When opening a new IRA plan, what forms do we keep and which forms must be given to the customer?
- What happens when there is no beneficiary designation in the file or the beneficiary is deceased?
- What are the requirements for IRS reporting and disclosures to the customer?
- How far back can the institution go to file an IRS correction (if it’s the institution’s fault or if it’s the customer’s fault)?
- What kind of partial IRA audits are the most crucial?
- How do we file paper corrections to the IRS?
What You’ll Learn
- Key IRA fundamentals, including plan vs. account distinctions, required documentation, and the features of Traditional, Roth, and SEP IRAs
- How to properly execute rollovers and transfers, avoid common reporting errors, and stay compliant with IRS rules
- Updated distribution requirements, including RMD rules, beneficiary payout options, and recent regulatory changes under the SECURE Acts
- Best practices for IRA documentation, file maintenance, audits, and correcting errors to reduce compliance risk and ensure accurate reporting
Who Should Attend
This series is designed for financial institution professionals involved in IRA processing, customer support, and compliance—ranging from those newer to IRAs to experienced staff seeking a refresher on evolving rules. It is especially valuable for operations teams, IRA specialists, supervisors, auditors, and trainers responsible for ensuring accurate transactions, reporting, and documentation.