Designation
Certified IRA Services Professional™ (CISP™)
This course is geared toward those professionals responsible for establishing or maintaining traditional and Roth IRAs and those responsible for advising clients on how to navigate the complex and ever-changing tax rules pertaining to these accounts.
Overview
Upon completion of this course, participants have the opportunity to sit for the Certified IRA Services Professional (CISP™) exam. Those seeking the CISP™ designation may have additional exam application requirements.
Course materials may include the IRA Procedure Manual textbook ($165).
Areas of Study
- Introduction
- Types and Uses of IRAs
- Comparing the Differences
- Operational Rules
- Investment Options and Structures
- Rollovers, Transfers, and Conversions
- Distribution and Gifting
- Documentation and Reporting
- The Law After Vacating the Fiduciary Rule and the BIC Exception
- SEP-IRAs, Coverdell ESA - The Non-IRA
- The Interplay of Trusts and IRAs, Simple IRAs, and Employer-Sponsored IRAs, Deemed IRAs and Qualified HSA Funding Distributions
Education Credits
Many professionals satisfy Continuing Education and/or Continuing Legal Education requirements with this course. Rules for CE and CLE approval are time-sensitive and vary by designation and state. We encourage early registration in order to allow for ample processing (request for credits may not be available after course completion).