Ascensus conducts countless compliance audits for financial organizations across the U.S., oftentimes finding issues that could result in substantial IRS penalties due to non-compliance with IRS requirements. Discover the most common “points of failure” that auditors have found, and which aspects of your IRA program you may find are out of compliance. Participants review compliance concerns and acquire helpful checklists to manage the compliance process and avoid common pitfalls that may end up costing thousands of dollars in IRS penalties.

Learning Objectives:

• Learn what to look for in your IRA Program to ensure you comply with IRS requirements.
• Discover the most common points of failure that auditors discover.
• Understand how to protect your bank from IRS penalties in the future.

Duration: 60-minutes

Recorded on June 12, 2024.