During this session we will provide an in-depth look at retirement plan loans and distributions including the tax ramifications, the documentation a plan sponsor must retain, and common distribution errors found in practice. We will also discuss technical updates affecting plan loans and distributions.
Recognize the various types of retirement plan distributions and analyze the tax ramifications
Identify the records that plan sponsors should maintain and understand the rules for locating missing participants
Explore the effects of recent legislation, including the SECURE Act and CARES Act, on retirement plan distributions
Recognize common distribution errors and how to respond