Three Part IRA Webinar Series

Mississippi Bankers Association
Sunwest Training Corp.
A Three-Part Summer IRA Virtual Series
August 23 – 25, 2022
9 am – 12 noon each day

What an IRA Merry-Go-Round ride this has been!!  After a year of deliberations, the SECURE Act was signed into law under the Appropriations Act on December 20, 2019.  Most of the provisions were in effect on January 1, 2020.  These are the most substantial changes we’ve had to IRAs in almost 15 years.  Then with Covid in 2020, the CARES Act was passed in March 2020 allowing an IRA Distribution of up to $100,000 with a period of 3 years to repay it back into the IRA.  In February 2022, the IRS released “Proposed IRA Regulations” expected to take effect this year changing nonspouse beneficiary options – again!  In addition to all of this, Congress has passed more sweeping changes to IRAs calling it the SECURE Act 2.0.  It still has to be passed by the Senate, reconciled by both houses and then signed into law by the President.

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 mornings. 

Each paid attendee will receive the fully updated 280-page IRA Training and Reference Manual - no matter which day you attend. The same book will be used throughout the series.

8/23/2022 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

8/24/2022 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

8/25/2022 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
    • Existing Beneficiary Payout Rules vs. Proposed Regulations

Who Should Attend

All bank employees who are involved in the frontline 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 almost 30 years, Patrice has presented live and virtual IRA training for thousands of bank employees across the country.  She has also facilitated Webinar training every year for the last 22 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.

IRA School

Registration Form


BANK/COMPANY NAME: ________________________________________________________

REGISTRANT NAME: ____________________________________________________________

CELL NUMBER: ________________________________________________________________

EMAIL ADDRESS: ______________________________________________________________

TO REGISTER:  Scan & Email to

QUESTIONS: Contact Lori Richardson by calling (601) 709-3736 or emailing at the address above.


Registration Fee: MBA Members:  $175 per session/per location

$450 for all three sessions/per location


_____ Beginners Session  _____ Intermediate Session   _____ Advanced Session

_____ All 3 sessions 


_____ Please invoice (please pay by August 16)          _____ Please charge my credit card below.


Credit Card Information

Name on Bank Card_____________________________________________________________

Credit Card Number_____________________________________________________________

Expiration Date___________________________CVV__________________________________

Billing Zip Code_____________________________________