New Required Minimum Distribution Regulations, Effective January 1, 2025
September 17, 2024
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
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.
Presented By
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC