2023 IRA Workshops
Wednesday, September 20, 2023, 9:00am
Thursday, September 21, 2023, 4:00pm
Retirement savings is no joke, and neither is our IRA Workshop. This informative session will provide you with everything you need to help guide your members through their retirement savings journey.
IRA Essentials
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. No previous IRA knowledge is assumed. Attendees should bring a hand-held calculator.
Advanced IRAs
Advanced IRAs builds on the attendees' basic IRA knowledge to address some of the more complex IRA issues that their financial organizations may handle. Previous IRA knowledge is assumed. The instructor uses real-world exercises to help participants apply information to job-related situations.
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Introduction and Establishing IRAs
IRA Funding
IRA Distributions
IRA Portability
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Amending IRA Documents
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Identify recent amendment guidance
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Define plan agreement and disclosure statement amendment procedures
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Describe a universal or "catch-all" amendment
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List the amendment need for mergers, acquisitions, and forms provider changes
Required Minimum Distributions
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Calculate a required minimum distribution (RMD)
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Discuss the RMD rules
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Explain the RMD reporting requirements
Beneficiary Options
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Describe beneficiary distribution options when an IRA owner dies on or after January 1, 2020
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Recognize the differences for the various beneficiary types
IRA Legal Issues
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Recognize power of attorney (POA) issues
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Understand the roles of a guardian/conservator for transactions
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Identify and resolve abandoned property issues
IRA Withholding Requirements and Using the New Withholding Forms
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List the possible penalties for failing to withhold
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Explain the withholding notice and election requirements
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Discuss how withholding is reported and transmitted to the IRS
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Describe foreign withholding requirements
Conference Agenda:
*Subject to change*
| Wednesday, September 20, 2023 | |
| 8:30am - 9:00am | Registration/Breakfast |
| 9:00am - 12:00pm | IRA Essentials |
| 12:00pm - 1:00pm | Lunch |
| 1:00pm - 4:00pm | IRA Essentials Continues |
| Thursday, September 21, 2023 | |
| 8:30am - 9:00am | Breakfast |
| 9:00am - 12:00pm | Advanced IRAs |
| 12:00pm - 1:00pm | Lunch |
| 1:00pm - 4:00pm | Advanced IRAs Continues |
Location & Lodging:
New York Credit Union Association
4 Tower Place, 5th Floor
Albany, NY 12203
Registration:
Educational Investment:
- Credit Unions Up to $50 Million in Assets
- Full Conference Registrant - $275
- Single Day Registrant - $139
- Credit Unions Over $50 Million in Assets
- Full Conference Registrant - $549
- Single Day Registrant - $275
The New York Credit Union Foundation is proud to support New York credit unions with up to $50 million in assets by underwriting this special rate on Association events. To learn more about the Foundation and its programs, click here.
Registration Deadline: September 15, 2023
Frank LaLoggia is the President of LaLoggia Consulting, Inc., a pension consulting firm that assists financial organizations with ongoing support in the creating, development, and marketing of their retirement plans offerings.
Frank coordinates and conducts pension seminars and training programs throughout the United States, including in-house IRA, HSA and employer retirement plan training. With over 39 years' experience in employee benefits his client list is impressive. He has assisted many leading financial organizations in the pension and financial services industries. Frank has achieved the designation of Deferred Compensation Specialist through Northeastern University's Center for Continuing Education and the National Retirement Plans Training Conference.
Thank you to our sponsor!
Cancellation Policy:
A refund of the amount paid, less an $110 administrative fee per registrant, will be given for all cancellations submitted via email to events.training@nycua.org ten or more business days prior to the start of the session. No refunds will be granted if the cancellation is received after that time frame. Substitutes will be accepted any time prior to the start of the program at no additional cost. Simply email events.training@nycua.org, listing the new participant and who they will be replacing.