2018 IRA School - SOLD OUT

Date: 
Oct 23, 2018 to Oct 24, 2018
8425 Woodfield Crossing Blvd., Suite 155E
Indianapolis
IN
46240
USA
Program Overview: 

Click Here for a PDF Brochure

Have you ever noticed sometimes when the IRA Guru leaves the financial institution it is without notice or training for a replacement??!!  On the first day of training, you feel like someone dropped you on the top of a mountain and told you to find your own way down.  In other words, you have NO IDEA where to go or what they are talking about.  Everything just sounds alien to you.  It’s true.  IRAs are a different world from the other accounts at your bank.  Oh, they may look similar, but the rules, regulations and IRS reporting build the complications to the point where you feel like you are on falling off of a cliff!!  And, just when you finally find your footing, they change the rules again!

While it may take years to build a confidence level where you can answer almost any question thrown your way, the goal of these two days is to raise your comfort level if you are a rookie and to reinforce your knowledge if you have a higher level of experience.  You will also receive your favorite “tool” – the 250-page 2018-2019 Sunwest Training Corp’s IRA Training and Reference Manual - which is not only full of easy-to-follow IRA information, but also lots of “Cheat Sheets” and “Quick Reference Tools” to get you through your day-to-day tasks of dealing with your IRA customers.

Topics: 

This intensive 2-day format will help you pull it all together by helping you learn the following: 

  1. Understanding the Top 20 Basic Terms of IRAs.
  2. Next we will review the most commonly used forms to create and complete IRA transactions. (Since this is not vendor-form-specific, please bring a copy of your bank’s IRA Application form, Contribution Form, Distribution Form and Rollover Review or Rollover Certification Form as well as any other forms you may have questions on).
  3. As the day goes on, you will pick up knowledge of the IRA plan types, Traditional, Roth and SEP.
  4. On the second day of our hike, we will nail down the use of the proper terminology of “Rollover” vs. “Transfer” when moving money from an employer plan to an IRA and from an IRA to an IRA – and the consequences if we don’t know the difference.
  5. Health Savings Accounts – What’s our job and what’s the customer’s responsibility?
  6. NEW How to report “late” or “tardy” rollovers on the 2018 5498.
  7. And finally, you will better-learn and comprehend the complicated areas of IRA Distributions to owners and beneficiaries and IRS reporting, resulting in a better picture of this complicated topic.

Speaker: 

Patrice M. Konarik is president of Sunwest Training Corp. founded over 20 years ago and is located in the Texas Hill Country near San Antonio, Texas. With over 30 years in the financial industry, Patrice has focused her expertise on the retirement and new account areas and is currently providing live training and Webinars on these subjects 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.  Patrice is very approachable and encourages attendees to ask questions during the classes.

Agenda: 

October 23 & 24

8:30 a.m.                   Registration & Continental Breakfast
9:00 a.m.                   Program Begins
12:00 Noon                 Lunch (included)
1:00 p.m.                   Program Resumes
4:00 p.m.                   Program Adjourns

Location: 

This two-day school will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155 E, Indianapolis, IN 46240. For a list of hotels near the IBA please call the IBA Office at 317-387-9380.

Fees: 

The following fees include the program, materials, lunch and refreshments:

IBA Members

$450 for two day school (same person both days)
$250 each attendee, Tuesday, October 23 - Basic Issues Only

$250 each attendee, Wednesday, October 24 - Intermediate/Advanced Issues Only

Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates. Surcharge of 100% for Non-Members.

Additional Information: 

 You are encouraged to bring a sample of the IRA forms your financial institution is currently using including application, contribution and distribution form and rollover review or certification form.

Association Contact: 

If you have any questions regarding the 2017 IRA School or any of the educational offerings of the Indiana Bankers Association please contact:  Laurie Rees, Vice President - Education & Training at 317-387-9380 or Lrees@indianabankers.org.  

Cancellation Policy: 

Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed.  Refunds are not provided for cancellations 1 day prior or absences on the day of the program.  Substitutions are welcome at any time.

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