Session I: Deferred Compensation and Section 409A - Do You Have a 2007 Action Plan?
Deferred compensation rules under section 409A of the Internal Revenue Code affect many types of compensation vehicles, and are so broad that they require employers to change the way they structure pay arrangements, such as severance and bonus payments as well any other deferred payments to executive and non-executive employees. New final regulations require action to be taken by employers in 2007 to bring their plans, arrangements and payroll practices into compliance.
Session II: 401(k) Plans and Mutual Fund Fees - Who's Being Sued, and How to Deal With the Threat?
Many class action lawsuits have been filed alleging that 401(k) plan accounts are being overcharged for various third-party plan and mutual-fund-related services. The "fee sharing" practices at issue in these lawsuits are, in fact, common under many 401(k) plans, both large and small. Where did these cases come from, what 401(k) practices are most troublesome, how can you reduce your risk of attack, and how can you recognize if your organization is targeted?
Steven Friedman and Susan Katz Hoffman, Littler Mendelson's Employee Benefits & Executive Compensation Practice Group leaders, will present these two hot issues. Larry Marquess, Managing Shareholder of Littler's Denver office, will moderate the program.
During this 90 minute program, we will cover:
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How to spot whether a pay arrangement contains deferred compensation
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Which arrangements, plans and other documents need to be reviewed
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What do these rules require and what penalties will apply
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If necessary, what arrangements can be made to avoid excise tax liability
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What measures can employers take to best insulate themselves from 401(k) fee lawsuits?
Registration/Breakfast: 8:00 am - 8:30 am
Program: 8:30 am - 10:00 am
There is no charge for this program.
Speakers
