Minor Accounts: Ownership, CIP, Access, Changes & Transactions

Frontline & New Accounts IRA & HSA Operations

On-Demand Webinar

StreamedApr 6, 2022Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Minor accounts can lead to major questions.

This jam-packed webinar will provide the guidance and checklists you need to address CIP and regulatory compliance for joint accounts, UTMAs, POD accounts, trusts, education savings accounts, and more.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Explain the legal options for minor accounts
Complete checklists on all ownership types
Know how to ID a minor
Understand the issues on joint accounts with minors
Grasp the tax reporting issues on minor accounts

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WEBINAR DETAILS

Do you know all the options for opening minor accounts? This webinar will cover them all and develop checklists for UTMA, joint, and POD accounts, plus some of the specialty accounts like Child Actor Trusts, Farm Service Bureau accounts, and the Coverdell Education Savings accounts. Don’t miss this comprehensive approach to CIP requirements, tax reporting, and other regulatory issues on minor accounts.

WHO SHOULD ATTEND?

This informative session will benefit new accounts staff, personal bankers, branch managers, deposit operations staff, deposit compliance personnel, and trainers.

TAKE-AWAY TOOLKIT

New account handbook
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.