Retirement Plan Distributions Under SECURE 2.0: New Penalty-Free Options, Hardship Distributions, Documentation
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will provide ERISA counsel, plan administrators, and employers guidance on new rules for retirement plans under SECURE Act 2.0. The panel will discuss key provisions of the SECURE Act 2.0, including new distribution options, along with the Act’s impact on other retirement plan requirements, as well as offer methods to ensure compliance for plan sponsors.
Outline
- Overview of SECURE Act 2.0 changes to retirement plans
- Plan administration and compliance challenges
- Plan distribution options, withdrawals, and loans
- Other key items and best practices for plan design and implementation
Benefits
The panel will discuss these and other key issues:
- What should plan sponsors know about SECURE 2.0?
- What are the key changes and unresolved issues of SECURE 2.0?
- What changes are mandatory, and which are optional?
- What are the considerations for implementing optional provisions?
- What are the key considerations, best practices, and next steps for counsel?
Faculty
Gary Blachman
Partner
Ice Miller
Mr. Blachman is a partner in Ice Miller’s Workplace Solutions Group where he helps companies to minimize their... | Read More
Mr. Blachman is a partner in Ice Miller’s Workplace Solutions Group where he helps companies to minimize their financial and legal risk by developing best practices for employee benefits, executive compensation, corporate governance and compliance policy. He advises clients on corporate benefits issues in mergers and acquisitions, including post-acquisition benefit strategies. Mr. Blachman regularly counsels on the design, implementation, and termination of executive incentive compensation programs, compliance with Code Section 409A Rules, and other equity and cash incentive plans. He negotiates employment and separation agreements for senior C-Suite executives and regularly provides fiduciary compliance training for retirement committee members. Mr. Blachman also advises on Affordable Care Act and HIPAA-related matters, such as health coverage portability, health information privacy, data security and ongoing welfare plan compliance. He has extensive experience with IRS and U.S. Department of Labor audits, negotiating settlements and voluntary correction programs.
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Andrea Bailey Powers
Shareholder
Baker Donelson Bearman Caldwell & Berkowitz
Ms. Powers represents employers in all aspects of executive compensation and employee plans matters, including the... | Read More
Ms. Powers represents employers in all aspects of executive compensation and employee plans matters, including the design and administration of qualified retirement plans, health and welfare benefit plans, and non-qualified executive compensation and equity plans. She also serves as an Adjunct Professor of Employee Benefits Law at the University of Alabama's Hugh F. Culverhouse Jr. School of Law.
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Jason A. Rothman
Partner
Calfee Halter & Griswold
Mr. Rothman advises publicly traded companies, closely held businesses and nonprofit organizations on all aspects of... | Read More
Mr. Rothman advises publicly traded companies, closely held businesses and nonprofit organizations on all aspects of qualified and nonqualified employee benefit plans, executive compensation plans, health and welfare plans, employment agreements and other related legal and compliance issues. He advises clients on their tax-qualified plans including plan design and adoption, ERISA compliance, day-to-day plan operation, fiduciary compliance, IRS and DOL plan audits and submissions under the Employee Plans Compliance Resolution System, the Voluntary Fiduciary Correction Program, and the Delinquent Filer Voluntary Compliance Program. In addition, he advises employers on their welfare benefit plan compliance issues. This includes counseling employers on the Affordable Care Act, COBRA, HIPAA, ERISA, and wellness plan design.
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