One of the more confusing changes to IRAs in the last few years has been about the “catch-up” contributions to Traditional and Roth IRAs based on your age and income. Another one is knowing when the IRA beneficiaries must start Single Life Expectancy payouts and how to calculate them. More and more clients are choosing to do Qualified Charitable Distribution to exempt their RMD from income tax. The IRS has finally released a new distribution code to be used in box 7 of the 1099-R for these payments. January is always a good time to print out reports before sending year-end statements and IRS reporting to the customer in order to catch mistakes before the customer gets them. In this information-packed two-hour webinar, we will discuss your January “To-Do List” making sure your required reporting and notices are being sent to the customer in a timely manner.
What You’ll Learn
- What is the new code for Qualified Charitable Distributions (QCDs)?
- What are the new rules regarding Roth catch-up contributions?
- When can a beneficiary skip death distributions for 9 years after the owner dies?
- How do you calculate RMDs to a spouse beneficiary setting up an Inherited IRA?
- What are the disadvantages of a spouse beneficiary leaving the IRA as an Inherited IRA rather than treat it as their own?
- What are the new RMD rollover rules when a customer attains the age of 73 and older?
- What are the Cost of Living Adjustments for 2026?
Who Should Attend
This session is ideal for everyone who is responsible for answering customers questions in the branch or call center, as well as those involved in the day-to-day operations of opening, closing, and processing IRA transactions.