IRAs don't have to be difficult or scary. This is the second in a series of five IRA programs is designed to provide bank employees with the basics. Each program is approximately 45 minutes in length. Keeping it short has several advantages. Brevity promotes better retention and comprehension. Plus the training is easily incorporated into the workday. A detailed manual accompanies each program. Those participating are also encouraged to follow along using their Bank's IRA forms and disclosures.

Contributions are deposits of new money to an IRA. IRS regulations establish contribution limits. It is the customer's responsibility to know how much they can contribute and deduct, but they still have questions. This program teaches contribution limits and catch-up amounts, and provides information necessary to respond to customer inquiries regarding deductibility of contributions.

Rollovers and transfers are ways to move existing traditional IRA funds from one IRA to another. There are significant differences in these two methods. This program defines these terms and outlines the allowances and requirements of each.

> Those participating receive answers to the following questions:

Note: Those viewing the presentation are encouraged to follow along using their bank's forms and disclosures.

Workshop Resources: This presentation includes audio, video and a power point slide show. A detailed manual is available for download. It is suggested a copy be made for each person participating in the program. For questions after the program a question and answer forum is provided as a part of the course. All questions are answered by the speaker and available to anyone purchasing the program.

Expected Audience: This course is designed for financial institution personnel who are new to IRAs, or need a refresher.