IRAs: The Basics Simplified

Thursday, October 18, 2018

10:00 am – 12:00 pm  CT

Recommended for 2.5 CE Credits

Program Content:

Have you ever noticed sometimes when the IRA Guru leaves the bank, it is without notice or training for a replacement??!! On the first day of training, you feel like someone dropped you on the top of a mountain and told you to find your own way down. In other words, you have NO IDEA where to go or what they are talking about. Everything just sounds alien to you. It’s true. IRAs are a different world from the other accounts at your bank. Oh, they may look similar, but the rules, regulations and IRS reporting build the complications to the point where you feel like you are on falling off of a cliff!! And, just when you finally find your footing, they change the rules again.

While it may take years to build a confidence level where you can answer almost any question thrown your way, the goal is to raise your comfort level if you are a rookie and to reinforce your knowledge if you have a higher level of experience.

Covered Topics:

  • Review of top terminology of IRAs
  • Basic Forms Required To Open, Close, Move and Maintain IRAs (have your own IRA forms – including application, contribution and distribution forms – available during the webinar)
  • Qualifications, Contribution Limits and Deadlines for:
    • Traditional IRA and Roth IRAs
    • Conversion Roth (IRS codes and reporting)
    • Simplified Employee Pension Plan – SEP IRA

This is Part I of a four-part series. You can attend all the sessions to obtain the most comprehensive information or any part in the series independently. Click Here to register for the whole series.

You are encouraged to have a sample of the IRA forms your financial institution is currently using for your review during the session including: IRA Application, IRA Contribution forms, Distribution Forms and Rollover Review/Certification Forms.

Who Should Attend:

New Account Representatives, Certificate of Deposit Personnel, Savings Counselors, Member Service Representatives or anyone who is newly involved in the opening, selling, marketing, or administration of IRAs. Any supervisor/manager who “oversees” the IRA department and may be responsible for answering IRA member’s questions or concerns but does not actually open IRA accounts. Experienced IRA trainers or personnel who like a review of the basics and forms.

“I have attended many of Patrice’s live seminars, she is a great trainer and is so knowledgeable on the IRA products.”– Rhonda Prasifka, Citizens State Bank

Presenter:

Patrice M. Konarik is president of Sunwest Training Corp. founded almost 25 years ago and is located in the Texas Hill Country near San Antonio, Texas. With over 30 years in the financial industry, Patrice has focused her expertise on the retirement account area and is currently providing live training and Webinars on IRAs on a nationwide basis. She has a BS in Management Science from New York’s Binghamton University. Many state banking associations and other organizations use her as their main source for training on this complicated topic. Patrice is very approachable and encourages attendees to ask questions during the Webinars.

Register Now

Course / Seminar Type: Recorded Webinars
Course / Seminar Category: Retail Banking, Marketing & Sales Training
Course / Seminar Code:
Course / Seminar Start Date: 10/18/2018
Course / Seminar Price: $265
Course / Seminar Location:

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