403(b) Plan Specialty Workshop (1-day)
The text below is from the program that ran in July 2008 and is for information only.
If you're interested in an onsite presentation for your group, please submit a Call me request or e-mail webtechsem@relius.net.
Be ready for 01/01/09 deadline Comprehensive New Regulations
The IRS has issued the final 403(b) regulations, replacing existing guidance dating back 40 years. The new regulations make dramatic changes to the rules for all 403(b) plans, including “deferral-only” and other non-Title I 403(b) plans. There are new plan documentation requirements, changes to the coverage and nondiscrimination testing rules, new deferral deposit timing rules, investment exchange limitations, controlled group rules, and plan termination rules, to name a few of the major changes. These changes will go into effect in 2009. Anyone working with 403(b) plans should have a good grasp of these new rules now. In addition, the IRS has issued guidance on how the employer and the plan need to handle pre-2009 transfers and exchanges. This program details the numerous changes and provides practical suggestions for an action plan. |
What you'll learn
Written Plan/Model Plan Transfers and Exchanges Plan Termination ERISA Exemption Universal Availability Nondiscrimination and Coverage Former Employee Contributions Correction Procedures Contribution Limits/Catch-ups Timing of Deposit Rules Who Should Attend
This timely program is a “must attend” for anyone who works in the 403(b) market. This is an excellent opportunity to learn about the new regulations from top 403(b) plan experts. It is ideal for the practitioner, consultant, attorney, plan administrator, financial officer, employee benefits or human resources staff with 403(b) plan responsibility, and for representatives of mutual funds, insurance companies, or banks that market 403(b) plan services.