What’s Coming Up: ASPPA Webcasts

ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts.

 

ASPPA Webcast: The Fiduciary Rule, Again?

Wednesday, April 8, 2020

 

2:00 - 3:40 p.m. ET

 

Speaker: Kevin Walsh, Principal, Groom Law Group, Chartered

 

Description: In 2010, 2015, 2016 and 2019 the Department of Labor has proposed or amended its rules governing “investment advice.” This webinar will focus on the Department of Labor’s (DOL) current proposal and compare it to the DOL’s traditional “five-part test” for fiduciary status and the SEC’s similar rules governing investment advisers. Once again, the retirement world is facing new rules and it is important to understand how they will affect everything from participant education, to financial wellness, to rollovers.

 

 

 

 

2:00 - 3:40 p.m. ET

 

Speaker: Stephen W. Forbes, J.D., LL.M. (taxation)

 

Description: The IRS finally released the long-awaited self-correction options for correcting loan failures. The new correction options should save your clients considerable time and money. As with all new correction procedures, there are many questions on their application to the different loan failures. This webcast, in addition to explaining the requirements and options, will address over 50 questions on the application of the new requirements. With the new correction options, the IRS will expect improved compliance. Therefore, it is incumbent on practitioners to have a working knowledge of the loan correction procedures.

 

 

 

 

2:00 - 2:50 p.m. ET

 

Speaker: Frank Porter, APA, QKA, QPA, Head of Institutional Business Development, Empower Institutional

 

Description: The Department of Labor has streamlined methods of communication from employers to their employees using real world tools such as e-mail and the internet. This bold move is a major jump from the 2002 regulations as most people were just beginning the use of electronic means of communication. This webcast offers an opportunity to learn about ways employers and plan sponsors can use electronic communications as a safe-harbor means of providing certain ERISA-required notices. It also will help one understand the requirements needed to meet the safe-harbor and successful practices to communicate retirement plans benefits to employees.