Course Overview

This course provides in-depth instruction on the proper establishment and amendment of IRAs (Individual Retirement Arrangements). For companies interacting with tax-preferred accounts, this lesson explores the steps an IRA holder goes through once opening an account.

In this expert course, you will learn:
• Every step to properly establish an IRA or other tax-preferred account
• The legal relationship that IRA holders, IRAs, and custodians are bound by
• How to process the documents required for plan establishment
• How to identify when plan amendments are required

Course Details

  • 55 Minutes of Instruction

  • 1 Continuing Education (CE) Credit

  • $99

  • Intermediate Level

  • CISP, CTFA, & CRSP Designations

Course Syllabus

  • 1

    IRA Establishment and Amendments

    • Getting Ready with Course Resources

    • Agenda

    • Institutions Where IRAs can be established

    • Required Documents to Establish an IRA

    • Other Forms Used During IRA Establishment and Maintenance

    • Purpose of a Beneficiary Designation

    • Types of Beneficiaries

    • When Plan Amendments are Required

    • Summary

    • IRA Establishment and Amendments Quiz