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IRA Part 3

IRA Distributions to owners and beneficiaries will make even the most seasoned IRA expert a little insecure. Just when you think you’ve got it, they change it. The last six years have produced the most substantial changes to IRAs in over 20 years. It is imperative that you know the difference between the “old rules” and the “new rules.”
Upcoming
DATE

Wednesday, October 14, 2026
11:00 am - 1:00 pm

INSTRUCTOR

Patrice Konarik

FORMAT

Webinar

CREDIT TYPE

2.5 CISP Credits

$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Customer Service
  • Deposit
  • Deposit Accounts
  • IRAs
  • Reporting
  • Transaction Compliance
  • Trusts
  • Customer Service Representative
  • Deposit Operations Manager/Specialist
  • Teller
  • Training Manager
  • Trainer
  • Trust Officer

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IRA Distributions are the subject that breeds the most questions. There have been three different ages in the last five years determining when IRA owners must begin mandatory distributions from their IRAs. It’s been difficult to explain the difference between when the new regulation becomes “effective” vs. when the regulation will actually “affect” an IRA owner.

In addition, the original SECURE Act 2020 eliminated the “stretch payout” for most non-spouse beneficiaries but left a big gap in the understanding of when the beneficiary has to actually start mandatory distributions. After releasing the Proposed Regulations in 2022 to change the beneficiary payout requirements, they were finalized in July 2024 and made effective 2025.

We will summarize the differences between the SECURE Act of 2020, the Proposed Regulations of 2022, the Final Regulations released in 2024, and the SECURE Act 2.0 in 2023. Each beneficiary payout option will be thoroughly discussed.

What You'll Learn

  • When are we required to have the customer sign a W-4R Federal Withholding Election?
  • What is the difference between a Required Beginning Year (RBY) and a Required Beginning Date (RBD)?
  • What are the required notices we must produce when a customer is in RMD status?
  • What is a Qualified Charitable Distribution and what is the new code used on the 1099-R?
  • What are the three categories of beneficiaries to determine payout options available?
  • How do we report payments to beneficiaries to the IRS?
  • What are nine red flags of beneficiary payouts?
  • Which beneficiaries have to begin payout the year after the owner’s death?
  • What is a “successor beneficiary” and what payout options do they have?

    • Who Should Attend

    Any personnel involved in processing IRA transactions as well as answering customer's questions would greatly benefit from this 2-hour workshop.
    Patrice Konarik

    Instructor Bio

    Patrice M Konarik is president of Sunwest Training Corp founded almost 30 years ago and located in the Texas Hill Country near San Antonio. With over 40 years of experience in the financial industry, Patrice has focused her expertise on the retirement account area. After 28 years on the road providing live training nationwide, she now concentrates on providing informational IRA and HSA webinars through OnCourse Learning. She has a B.S. in Management Science from New York’s Binghamton University and previously held her Certified Financial Planner designation for 23 years.

    Continuing Education Credit Information

    IRA Part 3 has been approved for 2.5 CISP credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

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