The coverage and nondiscrimination requirements form the backbone of our private retirement plan system. There is an inextricable link between the two requirements. Although software facilitates the testing, to design and troubleshoot, you must develop the critical skill of understanding how these rules work. The answer to almost every design issue lies with being able to pass coverage. In day 1 of this two-part webcast, we will use case studies and examples to illustrate the coverage testing rules and answers to your important coverage questions.
The regulations provide several options for demonstrating that a defined contribution plan is nondiscriminatory. Understanding the testing options and the mechanics of applying these different tests is key to designing plans and troubleshooting testing failures. In day 2 of this two-part webcast, we will use examples and case studies to explain how to apply the various testing options. Obtaining an understanding of the nondiscrimination rules, will provide you with the necessary skills to assist your clients. The webcast will provide you with the answers to your difficult questions.
About the Speaker
Stephen is an ERISA attorney and educator with 36 years of experience practicing and teaching in the retirement plan area. Mr. Forbes received ASPPA’s 2019 Educators Award. Stephen was vice president of SunGard in charge of Relius Education. He teaches seminars, conferences and webcasts on retirement plan compliance, design and correction. He also provides professional consulting. Mr. Forbes has drafted qualified plan, 403(b), 457(b), 409A and IRA documents. He was the author of “The Form 5500 Filing Guide” and the co-author of “The Pension Library.” Mr. Forbes was a Tax Law Specialist at the IRS National Office (Employee Plans Division) where he trained IRS employees, wrote IRS Notices and Revenue Rulings and participated in several Treasury regulations committees.
Participant Information
Each attendee/viewer must have their own registration for each event and access it through their own device in order to receive continuing education credit.
Registration for on-demand webcasts includes unlimited viewing of the webcast recording, webcast outline, and any additional presentation materials for 180 days following the registration date.
Recordings are available one week after the live webcast takes place.
To receive CE for the on-demand version, viewers must pass a brief quiz following the recorded session.