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Basic and Advanced IRA–Fall Session
|October 3 & 4, 2023
|Virtual: October 11
|TBA Barrett Training Center, Nashville
|Early Registration Ends:
|In-person: September 19
|Virtual: September 27
Loni Porta, senior member of Convergent Retirement Plan Solutions, LLC, will cover the basic and advanced aspects as an IRA custodian.
Day 1, Basic:
The first day of the seminar will include beginning knowledge of IRA terminology, proper IRA set-up and plan opening, qualifications and contribution limits for all IRA plan types, rollovers and transfers, and basic distribution information.
Day 2, Advanced:
The second day is the intermediate-level seminar, which will explain the most up-to-date changes, including health savings accounts and non-spouse beneficiary rollovers from qualified plans. You will also learn what to include in your IRA customer files. Porta will go over extensively complicated distribution issues, such as the “9 RED FLAGS” of death payments to a beneficiary, to make sure your IRS reporting is on the right track. This program is a repeat of the spring seminar.
Note for all IRA training: Each single day of IRA training can be attended independently of the other, but for the most comprehensive learning experience, attending both sessions back to back is recommended. Each attendee will receive the 250-page IRA Training and Reference manual electronically.
The virtual session is one day only. There is no day-of registration for the virtual sessions.
Who Should Attend
Everyone even remotely involved in IRAs at your financial institution including: new account representatives, certificate of deposit personnel, savings counselors, account holder service representatives, investment and trust personnel who need this update and are involved in the opening, selling, marketing, or administration of IRAs. Any officer/manager who oversees the IRA department and may be responsible for answering IRA account holders questions or concerns but does not actually open IRA accounts. Experienced IRA personnel who like a slower pace workshop to cover all the new changes in a comprehensive manner.
Continuing Education Credit
In-person attendees qualify for 6.5 each day of Continuing Professional Education (CPE) credit in the area of Specialized Knowledge and MUST be sure to sign in and out on the CPE attendance tracking sheet in order to receive credit.
Virtual attendees qualify for 6.5 each day of Continuing Professional Education (CPE) credit in the area of Specialized Knowledge and MUST completely fill out return the CPE tracking sheet with all code words given during the event in order to receive credit.
In accordance with the standards of the National Registry of Continuing Professional Education (CPE) Sponsors, CPE credits have been granted based on a 50-minute hour.
Tennessee Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors (150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417). Visit their website at www.nasba.org.
For additional continuing education information, administrative policies or complaints, call the TBA education department at 615-244-4871 or 800-964-5525.