Description

Are you ready? After 13 years without significant pension legislation, the SECURE Act was enacted at the end of 2019, and in March of 2020 followed by the CARES Act. We will frame the major changes and recent guidance issued and their impact on compliance, plan design and operation. Topics include: recent guidance for CARES Act distributions; what is new with key SECURE Act topics including multiple employer plans, inherited IRAs, long-term part time employees, life time income disclosure, 403(b) plan impact and other key areas. Get ready to GO!

Learning Objectives:

• Analyze the various loan repayment strategies that recordkeepers are using for the CARES ACT, including amortization.
• Compare and contrast closed MEPs and the new open PEPs.
• Examine the planning implications are for long-term part time employees participation.
• Identify Plan amendments, timing – the 2020ing of plan document compliance!

Speaker(s):

• Lisa Germano, President and General Counsel, Actuarial Benefits & Design Company
• Cindy J. Dwyer, CPA, Director, CBIZ MHM LLC
• Avery E. Neumark, CPA, JD, LL.M., Partner, Marks Paneth LLP

Category: General Session Online