IRAs: The Basic Essentials - All-Day Streaming

Date:

Aug 12, 2025

Register

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.

Agenda

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

On the first day of this two-day comprehensive live streaming class, you will learn the basic terminology of IRAs, the most common IRA forms used, as well as the different IRA plan types available, including the definitions, contribution limits, and other pertinent information. The purpose of this is to gain an understanding of the basic rules before delving into the more complicated areas of IRAs.

Whether you attend day 1, day 2, or both days, you will gain a sense of confidence when it comes to understanding and processing IRA transactions. If you attend either day, you will be provided an electronic copy of the full “IRA Training and Reference Manual” (aka the “Red Book”), which will be referenced throughout the class.

We highly recommend you have this available during the training session to follow along and find the information as needed after the class. There are plenty of cheat-sheets (or quick reference charts) contained in the book to use as aids. This same book will be used for both days.

Topics

What You'll Learn

  • 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?
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 - $849.00

  • 12 months of OnDemand playback access

 

Available Upgrades

  • Additional Live Access - $150.00 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