IRA Institute

IRA Institute is a training program that provides in-depth instruction on the “need-to-know” aspects of Traditional IRAs, Roth IRAs, SEP plans, and SIMPLE IRA plans. IRA Institute integrates extensive IRA material, objective-based training methods, and practical applications of the rules to create the ideal learning environment.

Register for IRA Institute
Register for IRA Institute Online
Register for Virtual IRA Institute

Course Overview

IRA Institute has three delivery formats, online, virtual, and onsite, to prepare you to earn the nationally recognized CIP or CISP designation.

What You Will Learn
After successfully completing IRA Institute, you will be able to do the following.

  • Establish and administer Traditional and Roth IRAs
  • Understand the rules for SEP and SIMPLE IRA plans
  • Describe the contribution eligibility requirements
  • Process IRA distributions, transfers, and rollovers
  • Understand beneficiary options and process these transactions
  • Process tax reporting to the IRS and IRA owners
  • Mitigate risk by reducing errors and penalties


Course Topics

  • IRA establishment
  • Contributions
  • Transfers and rollovers
  • Beneficiary distributions
  • Excess contributions
  • Conversions and recharacterizations
See our FAQs on IRA Institute

Registration Fees

Onsite IRA Institute
Each Attendee $1,799
*Register on or before April 1, 2023 and save $100 per attendee

Online IRA Institute
Each Attendee $1,695

Virtual IRA Institute
Each Attendee $1,695

Exam Fees
CIP – $299
The optional CIP exam is taken electronically at your office for IRA Institute Online. For on-site IRA Institute, the exam is taken on Saturday following the end of the training.

CISP – $550
To register for the CISP exam, you must apply to the American Bankers Association (ABA). The CISP exam is taken at a Castle Testing Center during a limited testing window determined by the ABA. For additional information and to obtain the exam application, visit the ABA website.

Audience
You should attend IRA Institute if you

  • want to earn the CIP or CISP designation,
  • need CE credits,
  • are looking to acquire comprehensive IRA knowledge, and
  • have two years of IRA compliance or operations experience.

Schedule

Onsite
Monday – Thursday
Breakfast - 7:15 a.m. – 8 a.m.
Lunch - 12:00 p.m. - 1:00 p.m.
Session - 8 a.m. – 5 p.m.

Friday
Breakfast - 7:15 a.m. – 8 a.m.
On your own lunch
Session - 8 a.m. – 12 p.m.
Optional study session - 1 p.m. – 3 p.m.
Saturday Optional CIP Exam - 8 a.m. – 12 p.m.

Virtual
A detailed schedule for our Virtual IRA Institute will be provided prior to the session start date. It’s a 10, half-day course over two weeks with assignments due each week.

Online
A detailed schedule for our IRA Institute Online will be provided 2-3 weeks prior to each session start date. It’s a 12-week course with assignments due each week.

Orlando, FL

May 8-12, 2023

Hard Rock Universal Orlando
5800 Universal Blvd. 
Orlando, FL 32819
407-503-2000

Room Rate: $219
Room Discount cut-off date: April 7, 2023

Alexandria, VA

September 25-29, 2023

Embassy Suites Alexandria Old Town
1900 Diagonal Rd
Alexandria, VA 22314
703-684-5900

Room Rate: $239
Room discount cut-off date: August 25, 2023

Professional Development

Attending IRA Institute is one of the ways you’re able to become a CIP or CISP. To learn more, visit our CIP or CISP designation pages.