Avoiding Employee Benefits Pitfalls When Making Workforce Reductions: Section 409A, 401(k) Plans, Health and Welfare Plans
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE webinar will provide ERISA counsel guidance on a variety of employee benefit issues when companies are making changes to their workforce. The panel will discuss how workforce modifications can run afoul of Section 409A, the legal ramifications of providing subsidies for health and welfare plans, and the impact of workforce changes on 401(k) plans and modifications that may be necessary.
- Workforce modifications; applicable ERISA rules and regulations
- Section 409A; bonuses, severance, and non-qualified deferred compensation plan considerations
- Issues for health and welfare plans
- Challenges for 401(k) plans
- Best practices for employee benefits counsel
The panel will discuss these and other key issues:
- What ERISA rules and regulations must be considered when making workforce modifications?
- What are the employee benefits and administration challenges?
- What is the impact of Section 409A?
- What are the key considerations for health and welfare plans?
- What challenges arise for 401(k) plans?
- How do you avoid potential discrimination issues?
- Best practices for employers and counsel in reviewing separation agreements
Mark E. Bokert
Davis + Gilbert
Mr. Bokert is co-chair of the firm's Benefits + Compensation Practice Group. His practice encompasses nearly all... | Read More
Mr. Bokert is co-chair of the firm's Benefits + Compensation Practice Group. His practice encompasses nearly all aspects of executive compensation and employee benefits, including matters related to equity plans, deferred compensation plans, phantom equity plans, qualified retirement plans and welfare plans. He has extensive experience in Section 409A and deferred compensation arrangements. He has extensive experience in counseling plan committees on their fiduciary responsibilities under ERISA.Close
David B. Teigman
Mr. Teigman is a partner in the Tax Department and a member of the Employee Benefits & Executive Compensation... | Read More
Mr. Teigman is a partner in the Tax Department and a member of the Employee Benefits & Executive Compensation Group. He focuses his practice on executive compensation and benefit matters, principally in connection with mergers and acquisitions, securities offerings and senior executive employment relationships.Close