Conferences & Workshops


Your League hosts a variety of affordable conferences and workshops throughout the year on the latest topics and trends from industry experts.  Please check this page often for updates on scheduled events.  

IRA TRAINING

ULEND ACADEMY

VOLUNTEER LEADERS CONFERENCE

ANNUAL MEETING & CONVENTION


IRA TRAINING

SEPTEMBER 19 & 20, 2017
Louisville, KY

Kentucky Credit Union League
3615 Newburg Road
Louisville, KY 40218

EDUCATIONAL INVESTMENT: $239 per day (attend one or both days)
(Includes program materials, breaks, lunch and refreshments.)

register-now

The Only Sure Thing About IRA Rules...is Change.

DAY 1: IRA ESSENTIALS

 

DAY 2: ADVANCED IRAs

IRA Essentials gives attendees a solid foundation of IRA knowledge.  Exercises are included throughout the day to help participants apply information to job-related situations.  Attendees will leave this session able to work with IRA owners and process basic IRA transactions with confidence.  This is a beginner’s session; no previous IRA knowledge is assumed.

Introduction and Establishing IRAs

  • Identify the tax differences of a Traditional and Roth IRA.

  • Examine the process for establishing an IRA and the required documents.

  • Differentiate between the types of beneficiaries.

IRA Funding

  • Learn about the Traditional and Roth IRA eligibility requirements.

  • Identify the contribution limit and deadline.

  • Communicate contribution reporting deadlines.

IRA Distributions

  • Identify federal and state tax withholding requirements.

  • Examine IRS penalties and their exceptions.

  • Summarize the tax consequences of IRA distributions.

  • Communicate distribution reporting deadlines.

IRA Portability

  • Differentiate between a rollover and a transfer.

  • Recognize rollovers between IRAs and employer-sponsored retirement plans.

Who Should Attend?You should attend this seminar if you:

  • need to learn the basics of Traditional and Roth IRAs or

  • want an updated, general refresher on IRA rules.

              

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Advanced IRAs builds on the attendees’ basic knowledge to address more complex IRA issues their financial organizations may handle.  This is an advanced session; previous IRA knowledge is assumed.  The instructor uses real-world exercises to help participants apply information to job-related situations.

IRA Update

  • Explain the recent changes affecting IRA owners.

  • Discuss the 2017 Roth modified adjusted growth income limits.

  • Recognize how recent changes may affect your financial organization. 

Required Minimum Distributions

  • Calculate a required minimum distribution (RMD).

  • Discuss the RMD rules and reporting requirements.

Beneficiary Options       

  • Describe beneficiary distribution options.

  • Recognize the differences for spouse, nonspouse, and nonperson beneficiaries.

  • Explain beneficiary payment deadlines.

Advanced Portability

  • Summarize the restrictions on the movement between IRAs.

  • Recognize the options available when moving from an employer-sponsored retirement plan to an IRA.

  • Explain the result of violating the portability restrictions.

Roth IRA Conversion Contributions

  • Describe a conversion.

  • Explain the effect of withholding on a conversion.

  • Report a conversion.

  • Define the consequences of an ineligible conversion.

IRA Owners Tax Forms and You

  • Determine which tax forms an IRA owner must complete when certain IRA activity occurs.

  • Understand which IRS penalty taxes may apply to IRA owners.

Who Should Attend?

You should attend this seminar if you:

  • are an IRA administrator or member service representative who has working knowledge of basic IRA operations and wish to expand your expertise;

  • are a compliance specialist with procedural oversight of IRA policies and practices; or

  • are support personnel responsible for promotional materials that describe the services provided by your credit union.

 

Meet the Instructor: Ben Mass

Ben Maas is a Training Consultant with the Resource Development department at Ascensus. Mr. Maas conducts IRA training programs nationwide. His expertise includes Traditional and Roth IRAs, Coverdell education savings accounts, health savings accounts, and SEP and SIMPLE IRA plans. He also leads the development, design, implementation, assessment, and maintenance of the IRA University curriculum.

Mr. Maas joined Ascensus in 2005 as a member of the IRA Call Center prior to becoming a training consultant. He received a Bachelor of Business Administration degree in Finance from the University of Wisconsin–Whitewater. He has earned the Certified IRA Specialist (CIS) designation through Ascensus, the Certified IRA Professional (CIP) through the National Association of Federal Credit Unions (NAFCU), and the Certified IRA Services Professional (CISP) designation through the American Bankers Association (ABA). He is a member of the Association for Talent Development (ATD).

Accommodations
A block of rooms has been held at the Holiday Inn Express, 1921 Bishop Lane , Louisville, KY 40218. For reservations, call the hotel at 502.456.4411 and let them know you are with the Kentucky Credit Union League group.

Attire
Business casual. Be sure to bring a sweater or jacket, as personal comfort levels vary.

Cancellation Policy
Refunds will be issued until five days prior to the event date less a $50 administration fee per person. Substitutions accepted at any time.

*Scholarships are available. Contact the League Office at 502.855.8201 or 502.855.8209 for more information.

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Kentucky Credit Union League
3615 Newburg Rd.
Louisville, KY 40218

Call: 502-459-8026 or 800-333-5285
Fax: 502-459-0189
Email: kycul@kycul.org