Recent changes to Required Minimum Distribution (RMD) rules, stemming from the SECURE Act, the CARES Act, and the updated life expectancy tables, have significantly impacted IRA administration. As RMDs become an increasingly important part of financial organizations' services, particularly as the baby boomer generation ages, it is essential to stay up to date with the latest regulatory changes.

This course will ensure your organization is compliant with current RMD rules, covering topics such as RMD calculations, penalties for excess accumulation, financial organization responsibilities, and reporting requirements.

Learning Objectives:

Master the rules and requirements of Required Minimum Distributions (RMDs).

Calculate RMDs, excess accumulation penalties, and understand reporting and organizational responsibilities.

Review and optimize your RMD procedures to ensure ongoing compliance.

Duration: 60 minutes

Who Should Attend: Branch Managers, Assistant Branch Managers, Bankers, Universal Bankers, Operations Personnel, IRA Specialists

Instructor(s): Jeff Aga, Technical Consultant with Ascensus

Recorded: April 8, 2025.