Wednesday, April 22, 2015 2:30 PM - 3:30 PM
Senior Vice President/Legal Counsel & Compliance
FIRST TRUST COMPANY OF ONAGA
Overland Park, Kansas
Being appointed custodian of an IRA brings with it a host of essential duties such as holding title to IRA assets, physical custody of indicia of ownership, withholding for federal income taxes, calculating RMDs, and valuing assets, among others. Is your financial institution up to the task? This session will cover the quintessential custodial duties, best practices and recent litigation involving IRA custodians.