It is not just a salary deferral plan — a 401(k) is so much more. The participants of this session will learn the tax-qualification rules that govern all 401(k) plans, as well as the features most likely to trip up a plan sponsor. Key takeaways include:
What to watch out for when designing the 401(k) plan
Features to avoid if possible as certain options are rife with complications and problems with compliance
How to spot and correct the two most common errors to ensure tax benefits continue to be available for the employer and the plan participants.