2026 IRA Fundamentals & Updates

The IRA Fundamentals workshop provides attendees with a solid foundation of IRA knowledge. Exercises are included throughout the session to help participants apply information to job-related situations. Attendees will leave this session able to work with IRA owners and process basic IRA transactions with confidence.

INSTRUCTOR: 

Becky Soto, Director of Professional Development
CBA of Georgia

Learning Goals include:

• Identify IRA Basics
• What is an IRA?
• How does an IRA work?
• Benefits of an IRA
• Requirements for Opening IRA
• New Changes in IRAs
• IRS Penalties and Penalty Exceptions
• Explore and Differentiate the Features of IRAs
• Traditional
•  Roth
• Simple
• Simplified Employee Extensions (SEP)
• Communicate IRA Qualifications
• Eligibility
• Contributions
• Income Limits
• Filing Status
• Deadlines
• Withdrawal Limits
• Penalties
• Distinguish How to Move Assets Between IRAs
• Transfers
• Rollovers
• Conversion
• Distributions
• Highlight of IRA Best Practices
• Required Annual Notifications (RMDs)
• IRA Red Flags
• Avoiding Most Common IRA Errors
• Questions Most Asked by Customer

Misty Folker, Bank of Newington- Becky did GREAT job. I cannot express this enough. I have been to so many IRA classes in my 9 years and this was by far the easiest to understand and most beneficial.

Shelley Slaugher, First Peoples Bank-Becky was very informative!  She broke down the information in a way I could understand!

First State Bank Team-This program provides a very broad look at IRAs.  It is especially good for bankers new to IRAs or those bankers wanting a great refresher.