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Upcoming League Events

 

Webinar: Traditional & Roth IRA Reporting Responsibilities: Requirements, Issues & Answers

 

Effective September 30 online registration will be temporarily unavailable while we upgrade our website. Beginning on Wednesday, October 1, to register for an event: Please complete the registration form and send to The League via:



Thursday, December 4, 2014

2:00 - 3:30 pm CST

 

Speaker: Frank J. LaLoggia, LaLoggia Consulting, Inc.

 

About the Program
Understanding and complying with IRA reporting requirements can be a daunting, complex task. Join us for a simple explanation of the reporting rules, regulations, and responsibilities facing IRA custodians in 2014 and eyond. From 1099-R and 5498 reporting, to member and beneficiary statement/notice requirements, this program will cover this maze of rules and provide a clear, concise path. 

You will learn there are choices on how to handle certain reporting requirements depending on your financial institution’s philosophy and operational capabilities. This session will provide back-office IRA support or operations staff with valuable, current information. Member contact staff will be able to confidently answer IRA questions that arise throughout the year when members receive one of the many IRS reporting forms or IRA account statements and notices.

 

HIGHLIGHTS

  • 1099-R and 5498 reporting requirements and deadlines
  • Summary of required IRA holder statements and notices, including account, fair market value, and required minimum distribution statements and notices
  • Review of beneficiary reporting and notice requirements
  • Deadlines and penalties for missing reporting and notice deadlines
  • How to handle reporting mistakes and make corrections


Related Files
Printable Brochure (Adobe PDF File)

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