IRA Advanced Seminar Louisville

If you are not a KBA member, please contact Jamie Hampton at jhampton@kybanks.com for the possibility of attending at a non-member rate.

Online registrations are followed up with an email confirmation. Once an online registration is started you must click proceed to check-out and then click submit to finalize the registration. Registrants can view events they are registered for by using the MyKBA link on https://www.kybanks.com.

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.

Regulatory Changes
• Discuss the upcoming IRA amendment date
• Describe 529 plan-to-Roth IRA rollovers
• Explain the rules for Roth simplified employee pension (SEP) IRAs and Roth savings incentive match plan for Employees of small employers (SIMPLE) IRAs
• Recognize the increased contribution limits for SIMPLE IRA plans
• Understand the new early distribution penalty tax exceptions created by SECURE 2.0
• Discuss the new electronic reporting requirements

Required Minimum Distributions
• Calculate a required minimum distribution (RMD)
• Discuss the RMD rules
• Explain the RMD reporting requirements

Beneficiary Options
• Describe beneficiary distribution options when an IRA owner dies on or after January 1, 2020
• Recognize the differences for the various beneficiary types

Advanced Portability
• Identify the types of plan assets that are eligible for rollover
• Compare the difference between retirement plan rollovers to Traditional and Roth IRAs
• Explain the result of violating the portability rules
• Understand a Roth IRA conversion

IRA Excess Contributions
• Define an excess contribution
• Identify excess contribution correction methods
• Describe a recharacterization
• Calculate net income attributable (NIA)
• Explain the possible taxes and penalty taxes for excess contributions
• Describe reporting for excess contribution and recharacterizations

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 are looking 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.

Speaker
A consultant at Ascensus with the ERISA Compliance Department will lead this training. Ascensus helps people save for what matters – retirement, education, and healthcare. 

With nearly 40 years of experience, the firm offers tailored solutions that meet the needs of financial institutions, state governments, financial professionals, employers, and individuals. 

Ascensus supports more than 105,000 retirement plans, more than 4 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1 million IRAs, 582,000 consumer-directed health (CDH) plans. As of September 30, 2019, Ascensus had more than $261 billion in total assets under administration. 

Event Brochure

When
9/24/2025
Where
Unified Technologies Training Room 11500 Blankenbaker Access Drive Louisville 40299
Registration
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About the Speaker(s)

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Education Alliance Cancellation Policy
 Substitutions are always welcome and encouraged. All cancellations and substitutions request must be submitted in writing prior to the event.

KBA Seminar Registrations can cancel 30 days prior to the event date and 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.

KBA Schools Applicants can withdraw from a KBA School 10 days prior to the 1st day of the school for a refund minus a $150 cancellation fee. There is no refund if an applicant withdraws after the deadline or if applicant fails to attend the school, with the exception of extenuating circumstances. Due to commitments and expenses we cannot reverse, such as: handouts, food, beverages, room rentals, speaker fees, etc.; even extenuating circumstances will require partial refunds because of these expenses.