South Carolina Credit Union League

2008 Seminars

IRA Essentials - Day One

March 12, 2008
Atlanta, GA
9:00 a.m. – 4:30 p.m. Local Time
Tuition: $199
Credit unions under $10 million in assets receive a 25% discount. Please call or e-mail for more information.

NEW ACH PAYMENT OPTION

You can now select ACH Debit on your registration form to pay directly out of your account. CUNA member access is required. Request web access today.

SEMINAR OVERVIEW

IRA Essentials will give you a solid foundation of IRA knowledge. Exercises are included throughout the day to help you apply information to job-related situations. You'll 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.

Schedule

8:30-9:00 a.m. Registration
9:00 a.m.-Noon Sessions
Noon-1:00 p.m. Networking Lunch
1:00-4:30 p.m. Sessions

TOPICS & OBJECTIVES

IRA Fundamentals

Understand the importance of retirement savings to your members and your credit union
Identify the differences between traditional and Roth IRAs
Know the process for establishing an IRA

Contributions

Learn about contribution limits and deadlines
Identify the eligibility requirements for traditional and Roth IRA contributions

Distributions

Discuss the process for removing funds from traditional and Roth IRAs
Identify IRS penalties and their exceptions
Learn when it's necessary to withhold income taxes

Transfers and Rollovers

Identify the differences between a rollover and a direct transfer
Know what to do when the money comes from a qualified retirement plan instead of an IRA

Tax Reporting

Review the basic tax reports that IRA owners receive, such as forms 5498 and 1099-R

For more program content information or to request a brochure call 800-356-9655, ext. 4882, or email abollman@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.

Affiliation with CUNA/League is required for attendance.

LOCATION
HILTON ATLANTA AIRPORT
1031 Virginia Ave
Atlanta, GA 30354
Phone: (800)445-8667
Fax: (404)768-0185

INSTRUCTORS
Debbie Shipman
Debbie Shipman is an IRA training consultant for CUNA Mutual Group. She is responsible for developing and delivering IRA training programs to meet the needs of credit unions and leagues across the nation. In addition, Debbie is a key part of the tax reporting team that is charged with ensuring that tax reporting changes are implemented. Debbie is also the project manager for internal training. As such, she is responsible for implementing new employee and ongoing training for IRA services staff.

Prior to joining CUNA Mutual Group, Debbie gained three years of experience as a personal banker with Wisconsin’s largest bank. Her responsibilities included training and new accounts, as well as mortgage and personal lending. In addition, she managed a sales team and worked closely with the trust department to expand the level of service. Debbie also has two years of experience working with IRAs at a large Wisconsin financial institution.

FREE PUBLICATIONS
Try one of these publications free when you register for this program!

Credit Union Magazine (6 months free!)
Directors Newsletter (6 months free!)

Find out more about these publications

CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) seven or more days before the start of the program are eligible for a refund of the amount paid minus a $50 administrative fee. No refunds will be granted if cancellation is received six days or less before a program begins. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing.