Seminar Overview
The IRA Update builds on the attendees’ knowledge of IRA basics to address some of the more complex IRA issues their financial organizations may handle. This course includes how the SECURE 2.0 Act really changes our two biggest topics -- RMDs and death distributions -- and discusses any pending legislation. This is a specialty session; some previous IRA knowledge is assumed. The instructor uses real-world exercises to help participants apply information to job-related situations.
Course Highlights
- final SECURE 2.0 death distribution options: reviewing eligible designated beneficiaries and successor beneficiaries
- reporting to IRS in the “year of death” and then “year after death”
- when and how to use the “W-4R” (NOW 2025); what happens to the “W-4P”; do we still use it?
- review RMD rules and characteristics
- getting ready for year end and what happens in January: fair market statements, RMD notices and 1099-Rs
- understanding life expectancy tables, RMD calculations and inherited IRA RMD calculations change
- amendment and plan agreement update
- trust issues
- legislative update
- NEW! provisions in the 2025 congressional tax bill
Who Should Attend
- IRA administrator, personal banker or member services personnel who has a working knowledge of basic IRA operations and wishes to expand their 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
- support personnel responsible for promotional materials that describe the services provided by your financial organization
Continuing Education
CPE will be granted to registered attendees upon request.
Specialized Knowledge – 7.5 credits
Instructional Delivery Method: Group Live
Prerequisites: None
Program Level: Intermediate
Advanced Preparation: None
submitted to American Bankers Association (ABA) Professional Certifications for continuing education credits
Schedule
| 8 a.m. |
Registration Check In |
| 8:30 a.m. |
Seminar Begins |
| Noon |
Lunch |
| 12:45 p.m. |
Seminar Resumes |
| 3:30 p.m. |
Adjournment
|
About The Instructor
Matthew Dickinson has more than 20 years in banking and retirement and has held many titles within his career. Matt has worked for companies such as Ascensus, Merril Lynch, Wells Fargo and Frandsen Bank and Trust. On a day-to-day basis, Matt helps financial institutions gain and maintain their knowledge base to manage their IRA portfolio. He works at a fast pace and can win clients and prospects over by how he operates — focusing on the consequences of not moving from the status quo. Matt wants to create a lifelong relationship with his customers and welcomes all questions and inquiries throughout the program.
Disabilities or Dietary Restrictions
If you have any disabilities or dietary restrictions, please contact Eric Lawson at 573-636-8151.
Image Use Policy
Registration or participation by an individual in attending Missouri Bankers Association events and activities constitutes an agreement by the attendee to the MBA’s use and distribution, both current and future, of the attendee’s name, image or voice in print, media, social media, photographs, videotapes, electronic reproductions, and audiotapes of, or reporting, such events, and activities and promoting MBA activities, services and programs. Attendees waive any right to inspect or approve the finished materials and MBA communications and publications and agree that all such images, pictures, video or audio recordings, and any reproduction thereof, shall remain the property of the MBA to use at its discretion. Consent is binding, perpetual and may not be revoked.
For More Information
Contact the MBA Education Department at 573-636-8151 or email.