The tax on unrelated business income (UBI) presents unique challenges for employee benefit plans. This session will provide an overview of Unrelated Business Taxable Income in benefit plans. During this session, we'll discuss UBTI related to alternative investments for benefit plans. Additionally, we'll discuss the Qualified Asset Allocation Limitation calculation for certain health and welfare plans which also could result in UBI.
After this sessions, participants will be able to
Identify what Unrelated Business Taxable Income (UBTI) is
Recognize what generates UBTI within benefit plans and related trusts
Identify key filing requirements related to UBTI for benefit plans and related trusts