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Course description

Many of the inherited IRAs have missed distributions due to the delayed release of the regulations.  During this program, we will review what are the rules for inheriting an IRA and distributing to the beneficiaries.  We will also cover the changes in the SECURE Act that kick in at year end.  You will need to update forms and procedures for the new distributions from IRAs in 2024.   This is an advanced IRA webinar.   While some relief has been granted by the IRS, that relief will expire soon.

Please have in front of you during this program your election of payment form, your RMD Election of Payment, the W-4R for IRS Withholding.  These should all have a date of 2023.

Submit questions before the program so that we can help with your situations.  You will receive a 500+ IRA Handbook

Highlights:

-SECURE Act changes kicking in at year end

-Eligible Designated Beneficiaries

-Designated Beneficiaries

-Nondesignated Beneficiaries

-Trusts as beneficiary

-Relief for those who have not made payments

-Reporting Issues on 5498 and 1099R

Who should attend?   IRA Administrators, Branch Staff who handle IRAs, Training, Compliance, Deposit Operations.  

 

Instructor(s)

Deborah Crawford

Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 27+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.

Course curriculum

  • 1

    Webinar

    • Access Webinar
  • 2

    Materials

    • Slides

    • Materials

    • Secure ACT

    • Questions and Answers

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