Thursday, September 16, 2021
2:30 pm – 4:30 pm Eastern
One of the most misused and abused language in the IRA World is using the words "rollover" and "transfer" interchangeably. Not only that, it is also one the most frequent mistakes financial institutions make when reporting these transactions to the IRS resulting in unnecessary bills sent to bank customers.
Rollovers and Transfers have been confusing to IRA administrators since their inception. Financial institutions think they can make up their own policies, rules and definitions on what they will call a "rollover" vs. a "transfer". That's not the way this works. The IRS has very clear definitions on the difference between these two movements of IRA money. Everyone must understand these rules so the debit side reporting matches the credit side reporting and cancels out the taxability of the transaction. It's not rocket science. It's a 3-piece puzzle with clear answers.
This is a “must-attend” Webinar for anyone - even remotely - involved in IRAs including, frontline, back office operations, call center, investment department, and trust department personnel.
Patrice M. Konarik is president of Sunwest Training Corp. founded over 25 years ago and is located in the Texas Hill Country near San Antonio, Texas. With over 35 years in the financial industry, Patrice has focused her expertise on the retirement account area and is currently providing live training and Webinars on IRAs and Health Savings Accounts on a nationwide basis. She has a BS in Management Science from New York’s Binghamton University. Many state banking associations and other organizations use her as their main source for training on these complicated topics.
Attendance verification for CE credits provided upon request.
If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Patti Webb, (614) 610-1877.
Live Plus Five ($265/$400) – Attend the live event and receive five business days of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.
Live Plus Five (Additional Hookup) ($175/$265) – Registering another banker from a different location for Live Plus Five.
OnDemand Recording ($295/$450) – Receive unlimited access to the OnDemand Playback for 6 months and links to presenter materials and supplementary handouts. This option does not include live session attendance.
CD-ROM ($345/$515) – Receive the webinar recording on a CD-ROM 7-10 business days after the Live event or your registration date (whichever is the latter). Receive unlimited access to the OnDemand Playback for 6 months and links to presenter materials and supplementary handouts. This option does not include live session attendance.
Live Plus Six ($365/$545) – Attend the live event and receive six months of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.
Premier Package ($395/$600) – Includes all three base options. Live attendance, OnDemand Playback for six months, and the CD-ROM.