Skip to main content

You are here

ASEA Webcast: DB Provisions of the American Rescue Plan of 2021

Available Until., April 14, 2022


Speaker:  Karen Smith, MSPA, President, Nova 401(k) Associates 


Experience Level for Attendees: All


Target Audience:  Actuaries, DB plan administrators, DC plan administrators


IRS Program Number:   CZTXU-Q-01316-21-O


Description:  Tucked away in the American Rescue Plan of 2021 are changes to IRS Section 430 rules for DB single employer minimum funding valuations.  These changes include relief with respect to segment rates and changing the amortization period from 7 to 15 years for shortfall amortizations.  The provisions have different default and optional effective dates.  We’ll discuss these changes, including employer elections, with respect to the effective dates, interplay with the AFTAP rules under IRC Section 436 and other plan document issues.


Learning Objectives


  1. Apply the segment rate relief to Section 430 valuations.
  2. Calculate shortfall amortization bases and installments under the provisions of the American Rescue Act.
  3. Assist clients with effective date elections.



Registration Deadlines: 


Live:  04/14/2021

On-Demand:  04/14/2022


CE Credit:  1 ASPPA, 1 NAPA Relevant Topics, 1 NTSA, 1 JBEA Core,



Karen Smith is the president of Nova 401(k) Associates.  She has over 25 years of industry experience.  Her practice includes both defined benefit and defined contribution plans.  Over the years, she has been active in ASPPA, ACOPA and the Academy of Actuaries.  She is former president of ACOPA and former ASPPA Leadership Council members.  At the American Academy of Actuaries she served on the Board of Directors and Committee on Qualifications.  She currently serves on ASPPA’s Legislative Relations Committee.  Karen is credentialed as both an actuary and attorney. 




Registration for on-demand recorded webcast includes unlimited viewing of the webcast recording to play any time before the one-year expiration date, webcast outline, and any additional presentation materials.  Recordings are available one week after the live webcast takes place.


Webcast Package Pricing

For more details on additional training package offerings, please contact [email protected]


Methods of Registration:  To prevent duplication of payment, please select only one method of registration. Once your registration is processed, you will receive an electronic registration confirmation to the e-mail address listed on your registration form.

Click here to download a registration form


Please use Live or On-Demand links to purchase using credit card only. Email confirmations will be sent immediately after purchase.


E-mail:   E-mail your scanned registration form(s) and credit card information to [email protected]

Fax:        Fax your scanned registration form(s) and credit card information to 703-516-9308.
Mail:      American Retirement Association, PO Box 34725, Alexandria, VA  22334-0725

For express/overnight deliveries (FedEx/DHL, etc., send to:  American Retirement Association, 4401 North Fairfax Drive, Suite 600, Arlington, VA  22203

Make checks payable to the American Retirement Association


General Information


Cancellation Policy

All webcasts are non-refundable. If you have registered for the live webcast and are unable to attend, please email [email protected] and request to transfer your registration to the recorded version. This request must be made before the live webcast takes place.


Statements and materials presented on American Retirement Association webcasts are solely the opinions of the speakers and do not represent the opinion or the position of the American Retirement Association. The American Retirement Association assumes no responsibility for the content and materials presented by speakers during the webcast.



Registration and General Questions

American Retirement Association Customer Support


[email protected]