IRA Advanced Virtual Program

If you are not a KBA member, please contact Jamie Hampton at or 502-736-1278 for the possibility of attending at a non-member rate.

Delivery platform is Zoom, plan to join us via your laptop or phone. You will receive a link to join the events the afternoon prior to each scheduled session. Video is NOT required.

9 am-12:30 pm ET: Morning Session

12:30 pm-1:30 pm ET: Lunch

1:30 pm-4 pm ET: Afternoon Session

*short breaks will be worked into each session by the instructor

Advanced IRAs builds on the attendees' basic IRA knowledge to address some of the more complex IRA issues that their financial organizations may handle. This is an advanced session; previous IRA knowledge is assumed. The instructor uses real-world exercises to help participants apply information to job-related situations.

Course Topics May Include

IRA Update
  • Explain recent changes affecting IRA owners
  • Recognize how recent changes may affect your financial organization
IRA Excess Contributions
  • Define an excess contribution
  • Identify excess contribution correction methods
  • Calculate net income attributable (NIA) to an excess contribution
  • Describe a recharacterization
  • List the possible taxes and penalty taxes for excess contributions
Required Minimum Distributions
  • Calculate a required minimum distribution (RMD)
  • Discuss the RMD rules and reporting requirements
Beneficiary Options
  • Describe beneficiary distribution options when an IRA owner died before January 1, 2020, or dies on or after January 1, 2020
  • Recognize the differences for the various beneficiary types
  • Explain beneficiary payment deadlines
Advanced Portability
  • Summarize the restrictions on the movement between IRAs
  • Describe a conversion
  • Explain the effect of withholding on a conversion
  • Recognize the options available when moving from an employer-sponsored retirement plan to an IRA
  • Explain the result of violating the portability and conversion restrictions

Who Should Attend

You should attend this seminar if you are
  • an IRA administrator, personal banker, or member services personnel who has a working knowledge of basic IRA operations and wishes to expand your expertise and provide enhanced customer service;
  • a financial professional who recognizes that IRAs play an integral role in retirement planning;
  • a compliance specialist with procedural oversight of IRA policies and practices; or
  • support personnel responsible for promotional materials that describe the services provided by your financial organization.

Cancellation Policy

Cancellations received more than 30 days prior to the event will receive a full refund. Cancellations received between 29 days and 10 days prior to the event will be charged a $50 processing fee. There will be no refund for cancellations received less than 10 days prior to the event. Substitutions are always welcome and encouraged. All cancellations and substitutions must be submitted in written format prior to the event.


9/24/2020 - 9/24/2020
Virtual Event
You Will Receive A Link To Join the Events
The Afternoon Prior To Each Scheduled Session

About the Speaker(s)

 List View Contact
Paul Cullen
Paul Cullen
Tammy Schultz
Tammy Schultz

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