Overview
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Eligibility and coverage rules
1 mins
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Compensation measuring period
28 mins
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Allocation to active / Terminated employees
35 mins
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Class allocation profit sharing plan
46 mins
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Self directed investments, What is a brokerage window
57 mins
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Hardship distributions
74 mins
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Life insurance in defined contribution plans
83 mins
Course Description
An employee retirement program is essential and costly at the same time. It is one of the heftiest endeavors that an employer has to put money on. But such programs are one of the virtual channels towards employee engagement in your organization. The benefits you offer will make or break your employee's decision to work for you.
So, investing in such a program is vital, or you can say it will form an essential part of your organization's foundation. On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees
This year, more than ever before, employers see investments in health and retirement as an integral part of workforce strategy, increasing from 36% in 2019 to 45% in 2020. This is spurred in part by the COVID-19 pandemic, shining a light on the connection between employee health and well-being and overall business performance.
When you choose a retirement plan for your firm, you want flexibility in plan design that addresses your needs as a plan sponsor, as well as the needs of your plan participants.
This program will address the various options for retirement planning plan design including eligibility variations, carve out plans, identifying the employer(s), in addition to other useful alternatives in plan design to satisfy the goal of the plan sponsor.
Major Topics covered in this online Finance CPE webinar:
- Eligibility and coverage rules
- Compensation measuring period
- Allocation to active/terminated employees
- Two plan combinationsÂ
- Leveraged defined benefit planÂ
- Class allocation profit sharing plan
- Top heavy provisions
- Self-directed investments
- Hardship distributions
- In-service distributions
- Life insurance in defined contribution plans
- Life insurance in defined benefit plans
Attendees of this online continuing education course will learn what is behind the plan design options so they are able to suggest effective alternatives for their clients. It will put them a step ahead of most advisors that may be familiar with the basics but not the intricacies of those basics. Â
This CPE course will prove to be another tool in the toolbox!
Learning Objectives
- To identify the employer
- To determine common ownership and attribution rules
- To identify the employees
- To discuss two-plan combination
- To determine unknown responsibilities of the plan administrator
- To identify facts and circumstances for eligibility options
Recommended For
- This CPE webinar is recommended for CPA, CMA, PFS, CSA, and Other Finance Professional who wishes to suggest unique solutions for client’s needs for sponsor retirement plans.Â
Who Should Attend?
- Certified Management Accountant (CMA)
- Certified Public Accountant (CPA)
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- Finance Pros
- Personal Financial Specialist (PFS)
- Wealth Management Advisor
- Wealth Planner
- Young CPA