Establishing Tax-Qualified Retirement Plans: Complicated Rules and Challenges for Employers and Plan Participants

IRS Determination Process; Minimum Standards; Plan Types and Formulas; Benefit Accrual, Nondiscrimination, and Funding Rules

A live 90-minute premium CLE/CPE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Wednesday, September 28, 2022 (in 2 days)

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

or call 1-800-926-7926

This CLE/CPE course will guide employee benefits counsel and tax advisers, analyze critical issues in establishing tax-qualified retirement plans, and offer methods to ensure compliance with applicable laws and regulations.

Description

Employers establishing a tax-qualified retirement plan must consider applicable rules and requirements under the IRC and ERISA. Employee benefits counsel and tax advisers must adhere to minimum standards in plan design, rules, and limitations relating to contributions, funding, and other critical issues to obtain tax-qualified status for retirement plans.

A qualified retirement plan, such as a 401(k) or profit sharing plan, allows investment income to accumulate on a tax-deferred basis. Qualified plans must meet minimum standards to be qualified for employers and employees to receive tax benefits related to participation in employee benefit plans.

Employee benefits counsel and tax advisers must address those standards and related issues to ensure compliance with complicated rules to establish a tax-qualified plan.

Listen as our panel discusses federal rules and regulations applicable to tax-qualified retirement plans, IRS minimum standards, and other applicable issues. The panel will also offer techniques for navigating the IRS determination process to secure tax-qualified status for retirement plans.

READ MORE

Outline

  1. Qualified Retirement Plans – The Basics
  2. Establishing a Plan
  3. The Basic Standards
  4. Plan Design Considerations
  5. Secure Act 2.0 Highlights
  6. Fiduciary Duties - The Prudence Standard
  7. Plan Administration Issues
  8. Investment Issues
  9. Correction Programs
  10. DOL Audit Initiatives

Benefits

The panel will discuss these and other key issues:

  • Critical considerations in establishing a tax-qualified retirement plan
  • Minimum standards and other requirements under the IRC and ERISA
  • Navigating contribution rules, nondiscrimination requirements, fiduciary issues, and other vital issues
  • Processes for ensuring tax-qualified status for retirement plans

Faculty

Daines, Peter
Peter Daines

Attorney
Kilpatrick Townsend & Stockton

Mr. Daines focuses his practice in the area of employee benefits, including executive compensation, health and welfare...  |  Read More

Mathis, Mark
Mark L. Mathis

Partner
FisherBroyles

Mr. Mathis is a partner in FisherBroyles’ Employee Benefits practice. He assists clients with a broad array of...  |  Read More

Perkinson, R. Sterling
R. Sterling Perkinson

Partner
Kilpatrick Townsend & Stockton

Mr. Perkinson focuses his practice on employee benefits and executive compensation. He collaborates with plan sponsors,...  |  Read More

Attend on September 28

See NASBA details.

Cannot Attend September 28?

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

Download