Three Part IRA Webinar Series

Three-Part Summer IRA Webinar Series
June 16, 17, 18
1-4 pm

Hard times call for creative measures.  While we may not know what the next couple of months will bring in our “new normal”, one thing is for certain – IRAs have had some major permanent and temporary changes as part of the SECURE Act signed into law on December 20, 2019 and the CARES Act signed into law on March 27, 2020.  While there are still details being worked out, you will experience major changes to forms, disclosures, rules and timing of IRS forms submission.

There are many questions being asked by your customers and fellow workers.  We may not have the answers to all the questions, but we do want to make sure we give the correct information on the things we do know about.

Each part of the 3-hour Webinars will be held live on 3 consecutive afternoons.  The participants will be provided with a handout consisting of the slide copies as well as some handy “cheat sheets”. 

The full IRA “Red Book” will be available after the training for purchase at a discounted price of $100/each if you attend one or two of the sessions and $80/each if you attend all three sessions.  You will be able to post your questions in the "chat section of the Zoom platform" during each session.

To register, click here to email Lori Richardson at

IRA Webinar – Part I - Basic

This Basic-level webinar will begin to explore the IRA world to build your comfort level.

Topics covered are:

  • IRA Terminology Review (top 20 terms of IRAs)
  • IRA Forms used to open an IRA for a new customer
  • IRA Support Forms used for existing customers to contribute, rollover or distribute from an IRA

NOTE:  Please have your own IRA forms available during the session to follow along – including the IRA Application and/or Plan Documents and contribution forms, Rollover Review or Certification Forms. 

IRA Webinar – Part II – Intermediate

This Intermediate-level webinar will define the rules and regulations for the different plan types and the Rollover/Transfer differences.

Topics covered are:

  • IRA Plan Types
    • Traditional IRA
    • Roth IRA
    • Conversion Roth IRA
    • Simplified Employee Pension Plan – SEP IRA
  • Qualified Plan and IRA Rollovers vs. Transfers
    • Qualified Plan to IRA Direct Rollover vs. Indirect Rollover
    • IRA to IRA Rollover
    • IRA to IRA Transfer

IRA Webinar – Part III – Advanced

This Advanced-level webinar finishes up the series with the more complicated discussions of IRA distributions to owners and beneficiaries.

Topics covered are:

·         Beneficiary Designation Review

  •  Comparing Primary vs. Contingent Beneficiaries
  •   Naming an Estate or Trust as beneficiary

·         IRA Distributions

  • Prior to age 59.5
  •  Required Minimum Distributions to IRA Owners
  • Procedures and 9 red flags of beneficiary payouts

Who Should Attend

All bank employees who are involved in the front-line opening of IRA or the back-office operational functions, call center reps, trust or investment officers and branch managers will gain a wealth of knowledge by attending all three sessions – although they can also be attended separately to acquiring knowledge in a certain subject area.

Presenter – Patrice M Konarik

Patrice Konarik is President and Founder of Sunwest Training Corp. located in the Texas Hill Country north of San Antonio.  For over 26 years, Patrice has presented live IRA training for thousands of bank employees across the country.  She has also facilitated Webinar training every year for the last 20 years on this complicated topic.  She has a BS in Management Science from New York’s Binghamton University and many State Banking Associations and as well as other organizations across the country use Patrice as their main source for IRA training.

To register, click here to email Lori Richardson