IRA UPDATE SEMINAR

overview of changes to retirement plans stemming from SECURE Act

 

Tuesday, Feb. 11 - Cape Girardeau

Wednesday, Feb. 12 - Columbia

Thursday, Feb. 13 - Springfield

4 Ways to Register 

Online Registration
Online 
Cape Girardeau
Columbia
Springfield
  Phone
Phone 573-636-8151
  Fax Registration
Fax 573-634-2754
  Mail Registrations
Mail to:
MBA 
PO Box 57
Jefferson City, MO
65102
 Print seminar brochure.

Seminar Overview

In December 2019, Congress passed the SECURE Act that encompasses the most extensive changes in retirement plans since the Pension Protection Act of 2006. This seminar will address the changes in the SECURE Act and what is currently known. In addition, attendees will enhance their knowledge of IRA basics to address some of the more complex IRA issues that their financial organizations may handle. 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

Some of this material may be shortened to include all of the new material and rules of the SECURE Act to the extent that is known.

  • Contribution Rules
    • Eligibility
    • Contribution Limits
    • 2019 and 2020 Income Deductibility Limits
    • Savers Credit Income Limits
  • Review of IRA Transfers Versus IRA Rollovers Savers
  • Review of QRP Direct Rollovers Versus QRP Indirect Rollovers
  • Removal of Excess Contributions
  • What Transactions Can Be Recharacterized
  • Reporting of Death Distributions in Year of Death and Year After Death
  • Updating Rules for 5498s
  • Withholding Reminder Notices
  • Legislative Update

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

About The Instructor

Mike Nelson has been MBA’s IRA instructor for more than 15 years. Mike not only instructs, he listens and responds to special needs and involves his audience in an effective group learning experience. Attendees are encouraged to ask questions or share concerns throughout the program.

For More Information

Contact the MBA Education Department at 573-636-8151 or email.

Dates and Location

Tuesday, Feb. 11 - Cape Girardeau
Drury Plaza Hotel & Convention Center
3351 Percy Drive
573-334-7151

Wednesday, Feb. 12 - Columbia
Courtyard by Marriott
3301 Lemone Industrial Blvd.
573-443-8000

Thursday, Feb. 13 - Springfield
Double Tree by Hilton
2431 N. Glenstone Ave.
417-831-3131

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 

Registration Fees

  • MBA Members - $265
  • Each Additional Member - $240
  • Nonmember Fee - $1,060
  • Each Additional Nonmember - $960

The cost of meals included in the registration fee for this meeting is $22. This information is provided for your bank’s tax records, in keeping with the IRS 50% deductible provisions under Section 274(n) of the Internal Revenue Code.

Cancellation/Refunds

Full refunds will be granted for cancellations received by MBA at least 10 days before the seminar date. After that date, an administrative fee of $10 per canceled registration will be retained. Cancellations will not be accepted four days before the seminar. Substitutions are always permitted.

Disabilities

If you have any disabilities that require special assistance, contact Cindy Foltz at MBA at 573-636-8151 and explain how we may best accommodate your needs.