TCUL IRA Seminars

IRA BASICS: IRA Product Overview
Thursday, September 23, 2010 - Houston

The first day focuses on learning the basic elements of IRAs. This is an excellent day of training for IRA administrators new to IRAs, those needing to gain additional knowledge about IRAs, and for those who are looking for a thorough refresher course.

Seminar Agenda

  • Traditional IRA
    • Definition, eligibility and deductibility
    • Determining deductibility of an IRA
  • Roth IRA and Roth Conversions
    • Definition, eligibilty and qualified distributions
    • Non-qualified and ordering of distributions
    • Eligibility and how to complete a conversion
    • Penalty for withdrawal within five years
  • Education Savings Accounts
    • Definition, elgibility and participants
    • Special issues on contributions and distributions
  • Simplified Employee Pension Plan
    • Qualified employee and deductions for employer
    • Special issues for self-employed persons
  • SIMPLE IRA
    • Employer contributions/employee contributions
    • Penalties and other requirements
    • Designated versus non-designated institution
  • Moving and Changing IRAs
    • Rollovers and transfers
    • Recharacterizations and conversions
  • Changes on Issues of Portability and Conduit IRAs
  • Basics on Compliance and Reporting

IRA ADVANCED: Compliance, Auditing & Reporting
Friday, September 24, 2010 - Houston

The second day covers everything you need to know about IRAs which includes all legislative updates. For beginners, this day builds on the information learned on the first day. Day two is an intense day of advanced training covering distributions, excesses, reporting and every detail an IRA specialist must know.

Seminar Agenda

  • Moving and changing IRAs
    • New rules for non-spouses on qualified plans
    • Rollovers and transfers
    • Designated Roth rollovers
    • Conversions and recharacterizations
  • Premature Distributions
    • Annuity payout
    • IRS tax levies
    • Reservists exception
    • Using IRAs to pay COBRA if unemployed
  • 70 1/2 Distributions
    • After the skip, where are we?
    • Calculations
    • Notices
    • Working with members who are just starting payout
  • Death Distributions
    • Rules for spouses
    • Rules for non-spouses
    • What happens after the skip?
  • Reporting
    • 5498 and 1099Rs
    • Correcting errors
    • Auditing your IRAs
  • Health Savings Accounts
    • Forms
    • Compliance
    • Reporting

Location

Hilton Houston Hobby Airport Hotel
8181 Airport Blvd.
Houston, TX 77061
(713) 645-3000
Room Rate: $109 per night
Rate deadline: September 8, 2010

Be sure to indicate to the hotel that you are with the Texas Credit Union League group to get the special sleeping room rate. Seminar participants are responsible for making their own hotel reservations.

Schedule

8:30 – 9:00 am Registration & Continental Breakfast
9:00 am – Noon Session
Noon – 1:00 pm Lunch (included in fee)
1:00 – 4:00 pm Session

Instructor

Deborah L. Crawford is president of gettechnical inc. She specializes in the education of credit union employees and officers in the areas of deposit account laws, new account documentation, complex compliance regulations, and IRAs. Crawford is well known within the industry for her humorous delivery, personal accounts, and promise to reach each and every attendee, will be a significant benefit for your credit union, your IRA program, and your members.

CPE Credits

TCUL is registered with the Texas State Board of Public Accountancy (TSBPA) as a sponsor of continuing professional education on the State Registry of CPE Sponsors. The state board of accountancy has final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the Texas State Board of Public Accountancy, 333 Guadalupe, Tower 3, Suite 900, Austin, Texas 78701-3900.  Web site: www.tsbpa.state.tx.us.

Certified Public Accounts (CPAs) may earn up to 7 continuing professional educational credits (CPE) for each seminar. No advance preparation or prerequisites are required. For more information regarding administrative policies, such as complaint or refund, please contact TCUL at 800-442-5762, ext. 6630.

Educational Investment

$299 Per Attendee / Per Day

Your investment includes instruction, extensive handouts, continental breakfast, lunch, and two (2) refreshment breaks.

Walk-ins accommodated on space available basis. 

Registrant Cancellation Policy

Substitutions are always welcome.  Registration fee refunds (less a $50 processing fee per person) are granted for cancellations received in writing two weeks prior to the seminar.

Seminar Cancellation Policy

Locations with less than 20 registrants four weeks out may be cancelled. In event of cancellation, all registrants will be notified.

Grant Assistance

Visit the TCUF website (www.tcuf.coop) or call (800) 442-5762 ext. 6448 for Texas Credit Union Foundation (TCUF) educational assistance. Grant requests must be received by the quarterly application deadline.