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Introduction to IRAs


Self-paced online course - ABA eLearning  (length:30 minutes)
Price: $95 members; $130 non-members 
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This course is also available at discounted prices under an annual license.  Call or email for details.

Course Description:  Introduction to IRAs provides key concepts about basic IRA product features and benefits, and contribution and distribution requirements.  The course discusses: Traditional, Rollover, Roth IRAs, new conversion rules, Simplified Employee Pension Plans and SIMPLE Retirement Accounts, as well as IRA tax benefits and penalty calculations.  Students will gain a greater understanding of how IRAs work, which will enhance their ability to increase IRA sales and improve customer service.

Audience:  Any bank personnel including tellers, new accounts representatives, personal bankers, platform assistants, and branch managers who require a basic understanding of Individual Retirement Accounts.

Learning Objectives:  After completing this course, students will be able to:

  • Discuss Individual Retirement Accounts, including contribution rules
  • Discuss Roth IRAs, including contribution rules
  • Discuss rollover IRAs, including contribution rules
  • Discuss simplified employee pension plans, including contribution rules
  • Discuss SIMPLE retirement accounts, including contribution rules

For further information, please call Elisa Legg at 212-297-1679 or elegg@nyba.com.

The New York Bankers Association is a Local ABA Training Provider.

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