- 2020 Virtual IRA Training Seminars - September 22 & 23
In dual partnership with Ascensus and the League of Southeastern Credit Unions (LSCU), your Association is providing a two-day Essentials and Advanced Virtual IRA Workshop on September 22 and 23 from 9:00 a.m. – 3:45 p.m. EST each day. Virtual training allows for safe and convenient participation in the unprecedented circumstances of the COVID-19 pandemic. This interactive workshop will be led by live instructors with opportunities to pose questions and have discussion.
AVCU’s 2019 in-person IRA training program with Ascensus had record attendance, and for that we’re thankful to all our member credit unions. However with COVID-19 framing the future of in-person meetings, AVCU knew that we needed to find another way to ensure that Vermont credit union personnel have access to the same quality training they’ve enjoyed through our annual IRA program for many years.
This is a one-time exception to our annual IRA training program. Ascensus is only offering full-day virtual training sessions in response to COVID-19. Both AVCU and Ascensus are in agreement that, virus permitting, we’ll return to in-person IRA training seminars in September of 2021.
Who should attend?
Retirement finances are important to credit union members. Staying informed about IRA policies is imperative for staff who work with members to secure and maintain IRAs in any capacity. Whether you are new to working with IRAs or an experienced finance professional, staying up to date on IRAs is exceptionally beneficial for your credit union and its members. This training opportunity is ideal for IRA administrators, personal bankers, compliance specialists, and member services personnel.
IRA Essentials gives attendees a solid foundation of IRA knowledge. Attendees will leave this session able to work with IRA owners and process basic IRA transactions with confidence.
- Introduction and Establishing IRAs
- IRA Funding
- IRA Distributions
- IRA Portability
Advanced IRAs builds on the attendees’ basic IRA knowledge to address some of the more complex IRA issues that their financial organizations may handle. The instructor uses real-world exercises to help participants apply information to job-related situations.
- IRA Update
- Required Minimum Distributions
- Beneficiary Options
- Advanced Portability
- Roth IRA Conversion Contributions
- IRA Excess Contributions
AVCU and LSCU offer very affordable options to attend one or both sessions to personalize the training to each individual’s needs. Without having to cover costs for speaker travel, hotel meeting rooms, food and beverage services, and printing costs of guidebooks, these tuition rates offer a 45% discount off AVCU’s in-person seminar tuition rates from 2019, thereby saving Vermont credit unions significant training expense during a time when budgets are already severely stretched.
IRA Essentials Workshop/September 22: $219 per person (includes digital guidebook)
IRA Advanced Workshop/September 23: $219 per person (includes digital guidebook)
IRA Essentials and Advanced Workshops/September 22 & 23: $425 per person (includes both digital guidebooks)
When you’re ready to register, visit LSCU’s website where you’ll find AVCU’s logo verifying this partnership with our sister League. LSCU is coordinating online registration, invoicing, delivery of links to access the sessions, and all other registration-related aspects of this training. On their webpage, you’ll find their cancellation policy, “Contact Us Now” option, and a variety of other resources for questions or inquiries related to any of the above.
Other general questions can be emailed to AVCU Education Director John Cote at JohnCote@vermontcreditunions.coop.
- Distance Learning / Webinars
Distance Learning Webinars
AVCU partners with the Credit Union Webinar Network to provide affordable distance learning opportunities to our member credit unions.
Credit Union Webinar Network offers 90 minute live or recorded Webinars (usual start 3 PM ET) at a $200 registration fee. Each live Webinar includes digital handouts, one Internet connection, and one telephone connection for any number of viewers / listeners. Alternatively for the same $200 fee, the complete recorded Webinar, which includes a free digital download of the entire presentation and handouts, may be ordered. This free digital download can serve as an “off the shelf” training program for your credit union’s future training needs. The registration fee for both the live and recorded Webinar with free digital download is $250.
CUWN generously offers discounted pricing of $169 to credit unions with less than $20 million in assets that choose the recorded Webinar option.