IRA Essentials and Beyond: 2-Day Streaming

Date:

Aug 12, 2025 to Aug 13, 2025

Register

The only way to truly understand IRAs is to start at the beginning and build up your knowledge and expertise from there. Even the more advanced IRA “experts” find they learn new things that would otherwise be considered “basic” knowledge. The reason is that IRAs are constantly changing and evolving.

Agenda

August 12th, 2025 
10:00am - 5:00pm EST

Building your knowledge of the IRA Basics is essential to understanding the more sophisticated areas of IRAs down the road. In the Day 1 Basic Essentials, you will start to raise your confidence level regarding terminology, forms and IRA plan types. This will give you the foundation for your climb towards success.

 

August 13th, 2025
10:00am-5:00pm EST

Now that we have tackled the IRA Basics, it’s time to delve into the more complicated aspects of IRA administration. These are the areas that may trigger an IRA letter and tax bill to the accountholder if the transactions are not reported correctly. This session will also explain in detail the payout options to beneficiaries according to the new rules finalized last year.

Topics

What You'll Learn August 12th, 2025:

  • The top 20 terms of IRAs
  • Traditional IRA contribution limits and income limits for deductions
  • Roth IRA contribution eligibility and when is the interest really tax-free?
  • How do we report regular contributions for the prior year made after April 15 due to federal disasters
  • What are the rules for moving Traditional IRAs into Roth IRAs?
  • Simplified Employee Pension Plans (SEP) IRAs and should the institution offer them?
  • What are the basic comparisons between a SEP IRA and a SIMPLE IRA?

 

What You'll Learn August 13th, 2025:

  • What is the difference between a QP direct rollover and an IRA transfer?
  • What are the rules for rolling over a 529 plan to a Roth IRA?
  • When do we use the “rollover” term from IRA to IRA?
  • What are the new exceptions to the 10% penalty for IRA distributions taken prior to age 59.5 and how do we report them?
  • When the IRA owner died after 2019 and was in RMD status, does the beneficiary still get to take optional distributions the first nine years?
  • What are the nine red flags of beneficiary payouts?
  • What are the options for paying out to a trust beneficiary?

 

Speaker(s)

Patrice M Konarik
Sunwest Training Corp

Patrice M Konarik is president of Sunwest Training Corp founded almost 30 years ago and located in the Texas Hill Country near San Antonio. With over 40 years of experience in the financial industry, Patrice has focused her expertise on the retirement account area. After 28 years on the road providing live training nationwide, she now concentrates on providing informational IRA and HSA webinars through OnCourse Learning. She has a B.S. in Management Science from New York’s Binghamton University and previously held her Certified Financial Planner designation for 23 years.

Additional Information

Topics:

  • Auditing
  • Compliance
  • Customer Service
  • Deposit
  • Deposit Accounts
  • IRAs
  • Reporting
  • Teller
  • Transaction Compliance
  • Trusts

 

Who Should Attend?

This session is ideal for anyone who is very new to IRAs, including customer service reps, call center employees, tellers, and trust and investment department personnel. In addition, any experienced IRA representatives who would like a review of the latest retirement account information, including cost-of-living adjustments will also find value in this session.

Fees

Live Webinar - $1,679.00

  • 12 months of OnDemand playback access

 

Available Upgrades

  • Additional Live Access - $300.00 per person

 

**100% surcharge applied to non-members.

Association Contact

Katie Yates
Education Coordinator
o: 317-387-9380
d: 317-333-7162
kyates@indiana.bank