This course details plan administration and the role of an administrator, of distributions and special events, and evaluating and monitoring retirement plans.
The administrative and operational responsibilities of a retirement plan can be extremely difficult and challenging for the retirement professional. In this course you will receive a thorough
explanation of the specific compliance issues relating to plan administration and operations and best practice models to help you efficiently manage and oversee a successful retirement plan.
The course also examines the administrator’s responsibilities, including dealing with governing and advisory boards, fiduciary responsibilities, communication responsibilities, and dealing with other professionals such as actuaries, accountants and attorneys.
Changes to plan design (terminations, mergers, conversions, etc.) are examined, as well as special events such as early retirement windows, special elections, etc. Roth 401(k) designs are also explored as well as the new rules pertaining to nonqualified deferred compensation plans under Section 409A. The course also includes important tools for monitoring and evaluating the retirement plan and contractors that are providing outsourced services.
You will examine subjects such as:
- the outsourcing process including
- RFP and contract development
- selection and management of vendors
- and the ethics of outsourcing
- recordkeeping requirements
- costs to administer a plan
- the technology of plan administration
- and the administration of plan distributions.
The course includes an online 75 question exam - perfect for managing the knowledge of a group of employees or trustees to meet fiduciary and admnistrative responsibilities.
You will receive: One-day live professional development course.
Your satisfaction guaranteed: We know that you will be pleased with your purchase of this product. If, however, you find that you need to return this merchandise please see our refund policy.
