It's here – the challenge of implementing the requirement to permit LTPTs to make salary deferral contributions to an employer’s 401(k) Plan as of 1/1/2024. SECURE 1.0 brought forth the concept of LTPT and before it could even be implemented, SECURE 2.0 changed the rules. Adding to the concern was that no guidance was provided on topic until late November, 2023. This session will cover:

• Which PT Employees qualify as LTPTs and former LTPTs

• Crediting service for participation and vesting • Employer contributions and Nondiscrimination Testing

• Correction procedures if an LTPT is not offered the opportunity to make salary deferral contributions.

• Plan Document Requirements

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.