RESCHEDULED: 2023 SDBA IRA Basics Webinar
Tuesday, January 09, 2024, 9:00 AM - 11:00 AM CDT
Category: SDBA Events
RESCHEDULED: 2023 SDBA IRA Basics Webinar
Rescheduled: Tuesday, January 9, 2024 | 9:00 a.m. CST
Virtual via Zoom
Register Online | Print Details
REGISTRATION FEE
Registration $285 Non-Member $385
SEMINAR OVERVIEW
This course is designed as a “very basic” IRA seminar as it is designed to build a solid IRA foundation. The seminar will start with the differences between a Traditional and a Roth IRA, and then discuss how to set up a new IRA and the eligibility rules to contribute to an IRA. The biggest topic for people new to IRAs to discuss is the moving of money from one financial institution to another. This involves IRA transfers and rollovers, plus the direct rollovers from a qualified plan. Discussion will go thru the 13 exceptions to taking money out of an IRA before age 59.5 to avoid the penalty tax, and how RMD is calculated in a traditional IRA. There will be an introduction into death distributions. Finally, we will cover how to take money out of a Roth IRA.
COURSE HIGHLIGHTS
Introduction to IRAs • Explain the benefits of an IRA • Identify the tax differences of a Traditional and Roth IRA Establishing an IRA • Examine the process for establishing an IRA and the required documents • Differentiate between the types of beneficiaries Funding • Learn about the Traditional and Roth IRA eligibility requirements • Identify the contribution limit and deadline IRA Distributions • Distinguish the possible taxes on IRA distributions • Identify federal and state tax withholding requirements • Examine IRS penalties and their exceptions Portability • Identify the differences between a rollover and a transfer • Recognize rollovers between IRAs and employer-sponsored retirement plans Required Minimum Distribution • Traditional • Roth Death Distributions Roth Distributions • Qualified • Non-Qualified Legislative Update
WHO SHOULD ATTEND
You should attend this seminar if you need to learn the basics of Traditional and Roth IRAs or want an updated, general refresher on IRA rules.
CONNECTION INFORMATION
Platform: Zoom Link will be sent Friday, January 5. This session will be recorded.
Cancellation Policy
100% refund if canceled on or before 12/29/2023; 75% refund if canceled 12/30 – 1/4; no refund if canceled after 1/4. Substitutions allowed at any time.
Questions
Halley Lee at 605.224.1653 or [email protected].
|