Date & Time
Tuesday, March 28, 2023
9am - 2pm
Location
In-Person @ Wasatch Retreat Center
75 S 200 E
Salt Lake City, UT 84111
Online via Zoom
The UBA - in partnership with Convergent RPS – is bringing back the IRA Update and Review Workshop. Everyone involved in IRAs at your financial institution should make it a point to attend this workshop.
Preliminary Agenda
- IRA plan establishment including designation of beneficiary
- IRA contribution eligibility, limits, and processes
- Portability deep-dive
- IRA-to-IRA transfers and rollovers
- Employer-sponsored retirement plan-to-IRA rollovers
- IRA recharacterizations
- Roth IRA conversions
- Distribution deep dive
- Traditional (and SEP and SIMPLE) IRAs
- Normal distributions
- Early distributions
- Required minimum distributions (RMDs)
- Roth IRAs
- Qualified distributions
- Nonqualified distributions
- Beneficiary distributions
- IRA withholding and reporting
Registration
- In-person registration is $300
Includes an electronic copy of the “famous” Red Book IRA manual, morning coffee and tea service, and lunch
- Virtual attendance is $200
Also includes an electronic copy of the “famous” Red Book IRA manual
REGISTER HERE
Who Should Attend?
Everyone involved in IRAs at your financial institution, including new account representatives, certificate of deposit personnel, savings counselors, accountholder service representatives, and investment and trust personnel who are involved in the opening, selling, marketing, and/or administration of IRAs. Additionally, any compliance officers and other officers/managers who oversee IRA operations and may be responsible for troubleshooting IRA owners’ questions and/or concerns. This is also a fitting refresher for experienced IRA personnel who like a slower paced format to cover all the new changes in a comprehensive manner.
Your Instructors
Convergent Retirement Plan Solutions, LLC is a nationally recognized consulting/training firm that is laser focused on the compliance challenges facing financial institutions within the retirement services industry. Convergent team members Ben Norquist, Loni Porta and Julie Robinson have an unprecedented level of diverse industry experience gained through decades of hands-on work helping many of the nation's leading financial service organizations with their IRA and business retirement plan initiatives. Often referred to as "the expert's expert," Convergent's team members are subject matter experts in the truest sense of the phrase. Over the past three decades, the senior members of Convergent's team have consulted with literally thousands of retirement industry professionals, helping them to navigate the murky waters of retirement industry compliance. Convergent RPS and Sunwest Training have enjoyed a successful relationship for the last 8 years, and recently merged to form a strategic partnership to provide the highest quality IRA training.
Hotel Accommodations
If you need to stay the night before or after the workshop, the following hotels are close to the venue and provide a corporate rate through UBA.
Little America Hotel
Radisson Hotel