Stay compliant
One of retirement plan sponsors’ top priorities should be to ensure their plans meet the qualification requirements under Internal Revenue Code (IRC) section 401(a). Maintaining qualified status is often something that is easier said than done, however, due to the many complex and technical IRC requirements. As a result, some plan sponsors find themselves facing the severe consequences that can result from falling out of compliance. This webinar will cover common plan failures and how to fix them using the appropriate correction method based on the type of mistake, the significance of the error, and when it occurred.
What you'll learn
- Understand common plan failures
- Learn how to self-correct using the available IRS correction methods
- Identify the differences between correction methods and if fees are involved
Who should watch
- Anyone who works with qualified retirement plans
- Plan sponsors and trustees
- CFOs/controllers
- HR and payroll professionals
- Attorneys who work with retirement plans