Overview
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What information do you need
1 mins
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Traditional profit sharing plan
10 mins
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Traditional 401(k) simple IRA
25 mins
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Traditional 401(k) v Safe harbor 401(k)
41 mins
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Cash balance plan allocation of costs
65 mins
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Choosing the right plan
72 mins
Course Description
This 2 CPE webinar will guide advisers and plan administrators on methods to avoid benefits and compensation pitfalls for closely-held business. Employee benefits and compensation matters can be challenging for closely held and family-owned companies. In designing and implementing benefits and compensation arrangements, closely-held and family-owned businesses must be aware of the pitfalls and available opportunities to ensure compliance with applicable guidance.
Providing benefits and certain compensation arrangements involve some vital procedural and compliance steps which could lead to unintended liability if not carefully administered. An in-depth understanding of federal and state regulations and administrative procedures in providing 401(k) plans, and offering other incentives are essential for a closely held business to avoid any costly missteps. You will also be able to identify the difference between choosing Traditional 401(k) and Simple IRA in this live CPE webinar.
This CE course will address the various options for retirement plan design for small to mid-size companies that typically adopt plans that are beneficial to owners and key employees.
Participants will learn which plans can be designed to satisfy plans focused on owners and key employees, which plan provisions and IRS guidelines assist in this goal and examples of several proven alternatives. We will address data points that are key in being successful in this endeavor.
This 2 CE webinar will guide advisers and plan administrators on methods to avoid benefits and compensation pitfalls for closely-held business.
Major topics covered in this CPE/CE webinar:
- Discussion about Traditional profit-sharing plan
- Traditional 401(k) v SIMPLE IRA
- Auto-Enrol 401(k) Plans
- Traditional 401(k) v Safe Harbor 401(k)
- Class Allocation PSP and Safe Harbor 401(k)
- Defined Benefit Plan
- Cash Balance Plan
- 401(k) Plan Types
Learning Objectives
- To learn which plan to be designed for retirement plan design which best serves owners and employees
- To learn plan provisions and IRS guidance to satisfy plans focused on owners and key employees
- How to choose a successful plan design for owners and employees
- To discover various options for retirement plan design for small to mid-size companies
Recommended For
- This CPE webinar is recommended for CPA, CMA, PFS, CSA, and Other Finance Professional who wishes to suggest unique solutions for closely held companies to choose most appropriate plan design.
- This IRS Approved CE course is recommended for EAs, AFSPs, Tax Practitioners, Tax Attorneys and Other Finance and Tax professionals interested in learning about retirement plan design for closely held companies.
Who Should Attend?
- Accountant
- California Registered Tax Professional
- Certified Management Accountant (CMA)
- Certified Public Accountant (CPA)
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- Financial Planner
- Finanical Analyst
- Maryland Tax Preparers
- Oregon Tax Preparers
- Tax Accountant (Industry)
- Tax Attorney
- Tax Director (Industry)
- Tax Firm
- Tax Managers
- Tax Practitioners
- Tax Preparer
- Tax Professionals
- Tax Pros
- Young CPA