Compliance Systems recently partnered with Convergent Retirement Plan Solutions to offer three complimentary webcasts to our clients on the changes in the IRA beneficiary distribution rules. Those recordings are linked below so you can take advantage of this information. Please note that while you are asked to register, there is no fee and you will have immediate complimentary access to the recording.

Updating Your IRA Beneficiary Processes, Part 1. We outline the challenges posed by the new RMD regulations and discussed several new initiatives we were working on to help IRA providers adapt to these changes.

Updating Your IRA Beneficiary Processes, Part 2. We introduce several new forms that have been developed to help simplify the process of complying with the new beneficiary distribution rules and walk through each of them, step-by-step. In addition, we share several industry best practice recommendations and unveil a new audit program designed to assist IRA providers who want to explore ways to incorporate more inherited IRA industry best practices into their IRA programs.

Updating Your IRA Beneficiary Processes, Part 3. We review the new forms made available to you in June and highlight a variety of beneficiary scenarios potentially requiring action before year-end. Following that review, we unveiled our new Inherited IRA Industry Best Practices campaign, designed to assist you in your efforts to incorporate more Inherited IRA industry best practices into your IRA programs.