Legislation and guidance that affects IRAs are constantly evolving. This webinar will provide an overview of what has changed in the IRA world over the past year and will bring you up to date on any recent legislation, reporting guidance, and pertinent pronouncements.

With more baby boomers entering retirement, is your credit union ready to handle complex beneficiary issues? Many IRA administrators find it difficult to understand the options that are available to IRA beneficiaries. This is part one of a two-part comprehensive webinar covering in-depth aspects of Traditional and Roth IRA beneficiary options. This webinar also covers beneficiary election deadlines, distribution rules and restrictions, reporting requirements, and year-of-death required minimum distribution issues.

Going beyond the high-level concepts of beneficiary options, this webinar is a more hands-on approach that dives into death year RMDs, beneficiary portability, how to calculate Single Life Expectancy payments, and special death year reporting.

Congress has passed new legislation that now allows even more generous rollover options. With 10,000 baby boomers turning age 65 every day and liberalized rollover options, more rollover questions are coming up now than ever before. This webinar explains some of the new rollover opportunities along with the evolving portability rules between IRAs and employer-sponsored retirement plans. It teaches credit unions how to capture, facilitate, and report rollovers between retirement plans and IRAs.

Credit unions are frequently dealt beneficiary death claims and may wonder how to resolve some of their more complex beneficiary issues, where there may be no or limited regulatory guidance. This is a comprehensive webinar that covers in-depth aspects of Traditional and Roth IRA beneficiary issues and best practices on how to handle death claims while mitigating risk. This webinar covers advanced aspects of IRA disclaimers, distributions to trust beneficiaries, reporting issues, disputes, minors as beneficiaries, and other compliance concerns with best practices for how to handle these complex death claim issues.

Roth IRAs aren’t new anymore and have really picked up traction in recent years. Attend this webinar to see why Roth IRAs have become so popular and why they are such an important tool of the retirement planning portfolio. Learn about the popular “Roth IRA Loophole”, Roth IRA tax benefits, conversion issues, estate planning for beneficiaries, and what sets a Roth IRA retirement vehicle apart from Traditional IRAs and other qualified retirement plans.

Although credit union personnel do not give tax advice to members, IRA administrators still may find themselves fielding legal questions. Generally, there is no IRS guidance on how to handle IRA legal issues. This webinar covers some of the more common legal issues that may arise with IRAs, such as powers of attorney, guardianships, creditors, beneficiary issues, and divorce, as well as how to handle these types of transactions to help mitigate risk for your credit union.