SECURE Act and Retirement Plan Administration: ERISA Compliance Issues for Plan Sponsors and Employers
Expansion of Part-Time Employee Eligibility, Changes for 401(k) Safe Harbor Plans, Lifetime Income Disclosures, Annuity Options
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will guide ERISA counsel, plan sponsors, and employers on the impact of the SECURE Act on retirement plans (including 401(k), 403(b), and defined benefit pension plans) and critical challenges for ERISA compliance. The panel will discuss key provisions of the SECURE Act and key plan administration challenges, the expansion of part-time employee eligibility, changes impacting safe harbor 401(k) plans, new lifetime income disclosure requirements, annuity options for defined contribution plans, and other compliance challenges for plan sponsors and employers.
Outline
- SECURE Act; recent developments and remaining issues
- Plan administration and compliance challenges
- Part-time workers
- Nondiscrimination
- Annual reporting
- Penalties
- Impact on plan distributions, in-service withdrawals, and loans
- Impact on safe harbor 401(k) plans
- Other key items and best practices for plan design and implementation
Benefits
The panel will review these and other vital matters:
- What should plan sponsors and employers know about the SECURE Act, and what should they do about it?
- What are the recent developments, fundamental changes, and unresolved issues of the SECURE Act?
- What are the risks and potential pitfalls of the SECURE Act?
Faculty
Paul M. Hamburger
Partner
Proskauer Rose
Mr. Hamburger is co-chair of the Employee Benefits & Executive Compensation Group and head of the Washington, DC... | Read More
Mr. Hamburger is co-chair of the Employee Benefits & Executive Compensation Group and head of the Washington, DC office. He is also a leader of the Practice Center’s health and welfare subgroup and a member of Proskauer’s Health Care Reform Task Force.
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Seth J. Safra
Partner
Proskauer Rose
Mr. Safra advises clients on compensation and benefit programs. His experience covers a broad range of retirement plan... | Read More
Mr. Safra advises clients on compensation and benefit programs. His experience covers a broad range of retirement plan designs, from traditional defined benefit to cash balance and floor-offset arrangements, ESOPs and 401(k) plans—often coordinating qualified and non-qualified arrangements. Mr. Safra also advises on ERISA compliance for investments, including the U.S. Department of Labor’s new conflict of interest (fiduciary) rules.
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