Beyond Essentials builds on the attendees’ knowledge of IRA basics to address some of the more complex IRA issues their credit unions 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. Those attending should bring a hand- held calculator.
Topics covered are:
- IRA Benefits
- IRA Tax Reporting and Withholding
- IRA Transactions
- Required Minimum Distributions (RMDs)
- Processing an IRS Death Claim
