2020 IRA & HSA Update, Including IRA Provisions Under the Secure Act

on "January 17, 2020 9:07 am"

Webinar • January 23, 2020 • 10:00 am – 11:30 am HST

The Secure Act has passed, with many provisions effective January 1, 2020. Join us for a lively discussion of current IRA and HSA issues, including review and analysis of comprehensive changes affecting IRA owners, trustees, and custodians.



This webinar will equip you to:

  • Comprehend the far-reaching effects of the Secure Act, including:
    • The new delayed age from age 70 ½ to age 72 for RMDs
    • The ability to contribute to a traditional IRA at any age
    • The requirement for more rapid payouts to nonspouse beneficiaries
  • Review recent IRA reporting guidance, including:
    • How to report and apply the federal income tax withholding rules when escheating IRA assets
    • Reporting and processing IRA-qualified charitable distributions
  • Examine the responsibilities of handling and reporting self-certified late rollover contributions
  • Distinguish 2019 and 2020 traditional IRA, Roth IRA, and HSA contribution limits
  • Determine when married individuals may “double up” on age 55 HSA catch-up contributions
  • Understand the employer’s versus the financial organization’s responsibilities when making and accepting HSA contributions
    • Recouping erroneous employer contributions
  • What happens when employees who are eligible for employer HSA contributions do not establish an HSA?