New Required Minimum Distribution Regulations, Effective January 1, 2025

September 17, 2024

Compliance Frontline & New Accounts IRA Operations

Live Webinar

DateSep 17, 2024Duration90 minutes

12:00 PM PDT01:00 PM MDT

02:00 PM CDT03:00 PM EDT

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

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Compliance Alert:

The IRS has issued final regulations that have significant implications and compliance requirements affecting IRA owner required minimum distributions (RMDs) and beneficiary distribution options calculations. Attend this timely webinar to get the information needed to react to the updated rules and clarifications before the January 1, 2025, effective date.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Recall the provisions that remain consistent with the previously published (i.e., proposed) RMD regulations
Recognize the provisions included in the final RMD regulations that deviate from the proposed RMD regulations
List the processes at your financial institution requiring internal review/audit
Identify issues that require staff awareness and training
Know the due date for complying with the final regulations

WEBINAR DETAILS

Join us to learn the most important provisions in the 260-page regulatory guidance affecting IRA RMDs and required IRA beneficiary distributions. The IRS’s final regulations issued on July 19, 2024, confirm numerous positions in the previously published proposed RMD regulations, provide greater clarity on a range of IRA owner and beneficiary RMD topics, and reflect changes or clarifications made in response to extensive industry feedback.

With a January 1, 2025, effective date, financial institutions have a very short period of time to review current IRA documents, policies, and procedures in order to identify changes that must be implemented between now and year end to comply with the final regulations.

WHO SHOULD ATTEND?

This timely webinar will benefit everyone at your organization who is involved with IRAs, including operations, compliance, administrative and supervisory staff, and service representatives. Management, trust department staff, and those licensed for insurance and securities will also benefit.

TAKE-AWAY TOOLKIT

Link to the final RMD regulations
Links to other relevant resource materials and guidance
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.