Forum - Would Your Retirement Plan Survive an IRS or Dept. of Labor Audit? Traps for the Unwary and How to Fix Them
Date and Time
Friday Feb 28, 2020
8:00 AM - 9:00 AM EST
Friday, February 28, 2020
8:00am - 9:00 am
(Session begins promptly at 8)
Location
Ohio Dominican University *
Griffin Student Center - Room 276
1215 Sunbury Road
Columbus 43219
*Please place this PARKING PASS on your dashboard.
Fees/Admission
Free to Conway Center members and their employees; $35 non-members
Contact Information
Amy Dotts, Event Manager
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Forum - Would Your Retirement Plan Su...
Description
If you manage or provide an employer-sponsored 401 (k) plan, you do NOT want to miss this!
Join us for an hour-long session for important legal advice from Greg Daughtery of Porter Wright and timely 401(k) administration insight from Michael Beers of the Fortis Group at Morgan Stanley.
Each year, the Internal Revenue Service (IRS) and Department of Labor (DOL) audits a small number of 401(k) plans. Over time, it is almost certain that either the IRS or DOL will audit your plan. Many employers do not understand how despite having a team of professionals to help manage these plans, the IRS or DOL (let alone an aggressive plaintiff’s attorney) can find problems with the plan. Knowing the common areas where administration can get tripped up and the traps for the unwary can help save your company value time and money.
The session will cover:
- ERISA fiduciary issues and other DOL audit items
- IRS audits and the importance of making sure plan administration is consistent with the documents
- What do if the IRS or DOL comes knocking at the door
