Webinar: IRA Series: Traditional & Roth IRAs Part A: Eligibility, Contributions, Rollovers & Transfers
September 18, 2025 3:00 pm - 4:30 pm
IRAs are an important service, but they require specialized knowledge.
This informative, practical program will address many aspects of IRAs, including terminology, red flags, missteps to avoid, and more. Attend this webinar to ensure you can answer accountholder questions and handle IRAs compliantly.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- List the eligibility requirements for Traditional and Roth IRAs
- Name the documents required for opening an IRA
- Recall the current year IRA contribution limit
- State the penalty for excess IRA contributions
- Describe an IRA-to-IRA transfer
- Define an IRA-to-IRA rollover
- Describe an employer-sponsored retirement plan-to-IRA rollover
- Recognize areas of vulnerability when processing transfers and rollovers
WEBINAR DETAILS
The IRA rules aren't difficult to apply, but they are "fussy." This webinar will discuss the basics, including the requirements to open an IRA, contribution eligibility and limits, and how money can move between IRAs and other plans. IRAs have to be opened properly or be vulnerable to fines. Owners need to adhere to the maximum contribution rules or be subject to penalties. IRA owners also have unprecedented ability to move funds between tax-sheltered plans but may look to you to learn the most efficient ways of doing so. Are you ready? This nuts-and-bolts discussion will introduce relevant IRA terminology and jargon, help you recognize key transactional red flags, address common (avoidable) mistakes, and convey working know-how for common IRA transactions.
WHO SHOULD ATTEND?
This informative session is designed for those directly interfacing with accountholders at the point of opening an IRA, contributing to an IRA, or hoping to move IRA funds into, or out of, your financial organization. It is also well-suited for those who are “checking” transaction paperwork in the back office and serving in compliance and approval capacities.
TAKE-AWAY TOOLKIT
- Job aids for:
- Accepting regular and spousal contributions
- Establishing an IRA
- Accepting employer plan rollovers
- Web link to comprehensive COLA resources (contribution, deductibility, MAGI limits, and more)
- 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
Speaker: Loni Porta
Loni Porta is the director of education at Convergent Retirement Plan Solutions and has been with the company since 2004. An industry leader in IRA, HSA, and retirement plan education, Loni plans, budgets for, and builds training and education products and solutions for financial organizations nationwide. An avid student of learning styles and adult learning principles, Loni incorporates her skills into Convergent’s training and education products and services.
She attended North Dakota State University in Fargo, ND, and came to Convergent after her tenure at Universal Pensions, Inc. (UPI), a nationally recognized retirement consulting and training firm in Minnesota. While at UPI, Loni helped design the industry’s first IRA-specific designation program (the American Bankers Association's Certified IRA Services Professional (CISP) program) and NAFCU’s Certified IRA Professional program.