It's tax season, and questions surrounding IRAs, tax preparation, and retirement plan options are on your clients' minds right now. This 30-minute eLearning course will update your staff on new rules, contribution limits and requirements for retirement planning.
Introduction to IRAs provides key concepts about basic IRA product features and benefits, and contribution and distribution requirements. This 30-minute course discusses traditional, rollover, and Roth IRAs, including the new conversion rules, as well as Simplified Employee Pension Plans and SIMPLE Retirement Accounts. The course also presents information about 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. The course also includes a 35-page printable reference guide: "IRA Training: Planning for Retirement Benefits." Click here for more information and online registration.
Free Webinar on Fee Income
Current and proposed legislative changes are threatening overdraft programs to the detriment of consumers and financial institutions. A logical assumption is that these changes will increase the number of dishonored checks and, as a result, the number of retuned deposit items will increase proportionately for businesses.
Re$ubmitIt®, an IBA Preferred Service Provider, is an electronic recovery solution for returned deposit items, which helps your commercial accountholders significantly increase collections of NSF items. This automated service is free to the business, while providing a new income stream for your bank from a share of collection fees.
IBA has scheduled a complimentary webinar on Thursday, March 25, from 10-11 a.m. EDT to provide information about Re$ubmitIt® and the benefits available exclusively to IBA members. Register online. Registrants will receive e-mail confirmation with complete instructions.
Two Indiana Bankers Named ICBA Rising Stars
Only five bankers across the nation were selected as "Rising Stars" by the Independent Community Bankers of America. Two of those five honorees are Indiana bankers!
Congratulations to Craig Buse, Springs Valley Bank & Trust, Jasper, and Noah Smith, Crossroads Bank, Wabash, who represent the best and brightest nationwide in the community banking industry. They were nominated by their peers for their commitment to quality, ingenuity, integrity in business practices and service to the community. Read ICBA news release.
Introducing the New IBA/Office Depot Program
IBA members and associate members can now access a national group purchasing plan from Office Depot. In addition to office supplies, the program includes office furniture, print/copy services, custom business forms, stationery supplies, promotional products, and lunchroom and janitorial supplies. Current participants on this national program have experienced an average savings of 40 percent off their prior office product costs. To start saving, click Office Depot/IBA.
Protect Your Bank Against Fraud
The Thumbprint Signature Program has been proven to dramatically decrease check fraud, and security professionals believe that early visibility of the program acts as a significant deterrent. By requiring a fingerprint from noncustomers utilizing the special "inkless" Thumbprint touch pad, you can decrease check fraud by up to 75 percent. For more information or to place an order, click here.
