In January, the Internal Revenue Service released new required minimum distribution (RMD) rules that affect investors with IRAs and qualified retirement plans. But the agency hasn't yet published much information on the rules, which can be applied now and become mandatory in 2002.
To bring reps up to speed on the change, McKay Hochman Co., a provider of retirement plan training, launched an electronic seminar. The 90-minute seminar covers how the new RMD rules impact lump-sum payments, naming beneficiaries, spousal rollovers and more.
The live events are limited to 20 people. Viewing the presentation takes a certain type of Internet connection, so check your computer for compatibility. The seminar is also available on CD-ROM.
Live seminars cost $199 and the recorded version costs $79. See www.newkirk.com for more information and seminar schedules.