IRA Online Institute
Course Code: 8725
Length: 13 Weeks
Audience: This course is designed for IRA Services Professionals with one to two years experience or if someone is preparing for the CISP exam.
Description: The IRA Online Institute provides comprehensive training on all aspects of IRAs. It covers both traditional and Roth IRA as well as Employer Plans (SEP SIMPLE). The Online Institute is an Institute of Certified Bankers approved educational program for the Certified IRA Services Professional (CISP) designation. Students should expect to spend 15-20 hours a week completing the readings and assignments. This could vary depending on the student's knowledge of IRAs.
Objectives: After successfully completing this program, you will be able to:
- Administer both traditional and Roth IRAs and SEP and SIMPLE plans.
- Identify eligibility and set-up requirements for all of these plans
- Administer contributions consistent with contribution limits
- Manage rollovers and transfers
- Administer distributions and required minimum distributions
- Describe beneficiary options and facilitate beneficiary transactions
- Manage error resolution, penalties, and reporting on these accounts
- Identify key elements of successful IRA marketing effort
Text Book: All readings for this course are available online. Content and instructor are provided by BISYS Retirement Services and is the same content used in the BISYS IRA Institute.
Recommended Course Credits: AIB: 2.0
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.