IRA Series: Final IRA RMD Regulations, Deadlines, Calculations, Reporting & More
January 21, 2025
Live Webinar
DateJan 21, 2025Duration90 minutes
08:00 AM PST09:00 AM MST
10:00 AM CST11:00 AM EST
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar
- 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
Do you know the ins and outs of the final RMD regulations that were issued last July?
With an effective date of
1/1/25, it’s a great time to assess whether your policies, processes, and
personnel require changes to conform to the new regulations, deadlines,
calculations, etc.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- List the IRA types to which RMDs apply
- Recall the required beginning date for IRA owners
- Explain how to arrive at the IRA balance for RMD calculation purposes
- Name the table used for most RMD calculations – and the exception to the rule
- Calculate required minimum distributions
- Describe the statement and reporting requirements tied to required minimum distributions
WEBINAR DETAILS
On July 18, 2024,
the Treasury Department and IRS issued highly anticipated final required
minimum distribution (RMD) regulations. The 260-page regulatory guidance
confirms numerous IRS positions in the previously published proposed RMD
regulations, provides greater clarity on a range of RMD topics, and reflects IRS
changes or clarifications made in response to extensive industry feedback and
private letter ruling requests.
Given the 1/1/25 effective date, you have your
work cut out for you as you review current policies and procedures to identify
changes that must be implemented to comply with the final regulations. This
webinar will also address areas where you may be at a bit of a crossroads in
determining your future service model given changes in financial institution
requirements.
WHO SHOULD ATTEND?
This informative session
is directed toward frontline staff who field questions about RMDs, those who
run calculations on the fly, back-office personnel who spot-check RMD reports,
and those working with platforms to implement and test systems updates, etc.
TAKE-AWAY TOOLKIT
- Calculating required minimum distributions job aid
- IRA reporting job aid
- 2024 instructions for IRS Forms 1099-R and 5498
- 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 institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Convergent Retirement Plan Solutions, LLC
This Webinar Appears In
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC