November 5, 2008 West Des Moines, IA
8:30 a.m. – 4:00 p.m. Local Time Tuition: $199 Education Discounts: If your credit union has less than $15 million in assets, you’ll receive a discount on registration fees. Learn more.
IOWA CORPORATE CENTRAL ACCOUNT ACH PAYMENT OPTION
You can select ACH Debit on your registration form to pay directly out of your Iowa Corporate Central account. CUNA member access is required. Request web access today.
This full-day session will provide participants with the most current information on legislative and regulatory changes, especially those concerning Required Minimum Distributions (RMDs), excess contributions and death benefits. Attendees will be prepared for a new round of member questions and operational changes in the coming IRA season. Intermediate IRA knowledge is assumed.
Topics include:
Legislative and regulatory update
Death Benefit Claim Changes
Post-70 1/2 RMD Changes
Excess Contribution Changes
TOPICS & OBJECTIVES
Contributions
Identify the different types of contributions that can be made to traditional and Roth IRAs
Explore rollover contributions, the automatic waiver of the 60-day rule, and traditional IRA to Roth IRA conversions
Understand how and when these contributions are reported to the IRA owner and the IRS
Distributions
Understand the tax consequences of distributions from traditional and Roth IRAs
Define an excess contribution as well as a recharacterization
Know how to report distributions to the IRA owner and the IRS
Required Minimum Distributions
Learn when to use the Uniform Lifetime Table and the Joint Life Expectancy Table
Understand the tax reporting requirements for required minimum distributions
Processing a Death Claim
Examine the steps involved in the death claim process.
For more program content information or to request a brochure call 800-356-9655, ext. 4882, or email abollman@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.
Affiliation with CUNA/League is required for attendance.
* Room rates and availability cannot be guaranteed. Rooms may be sold out prior to this date, so make your hotel reservations early! Room reservations and fees are the responsibility of the registrant.
INSTRUCTORS Chad Neumann Chad Neumann, IRA Training Consultant, is responsible for conducting IRA training programs, at the national level, to meet the needs of credit unions and leagues. Chad is the Project Manager for IRA Supertrain®. In addition, Chad is also a part of numerous project teams that propose form revisions and IRAdirect® changes.
WHO SHOULD ATTEND Choose IRA Advanced if you:
Have (or will have) primary IRA responsibility
Have significant IRA experience and/or training
Desire an in-depth discussion of more complex IRA issues
Are a Certified IRA Specialist. You will receive one credit toward recertification.
FREE PUBLICATIONS
Try one of these publications free when you register for this program!
CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) before the end of business on October 28, 2008 are eligible for a refund of the amount paid minus a $50 administrative fee. No refunds will be granted for cancellation requests received after October 28, 2008. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.
