Agenda

End-of-Year Plan Amendments
As part of the Internal Revenue Service's (IRS) determination letter procedures, the IRS requires defined benefit and defined contribution plan sponsors to adopt plan amendments – called required and discretionary amendments – in order to maintain the tax-qualified status of their employee benefit plans. Also, 2008 is a unique year in that most 403(b) tax-deferred annuity plans face a first-time-in-a-lifetime amendment deadline at the end of the year.

Pension Protection Act
The Pension Protection Act of 2006 (PPA) made sweeping changes to the tax rules that apply to ERISA-governed plans. A number of these changes went into effect in 2007 and 2008. In 2009, plan amendments will be required for many of these changes.

Presentation Objectives:
The objectives of this 60-90 minute webinar, recorded on November 12, 2008, include providing participants with information regarding the following:

• Possible end-of-year plan amendments
• New requirements for 403(b) plans
• PPA-related plan amendment issues
• PPA-related participant disclosures

By the end of this program, participants will be able to identify plan amendments that may need to be made to their qualified plans by year-end (or tax return due date), understand the PPA changes that impact the plan documents and participant communications, have an awareness of the issues that need to be addressed in 403(b) plan documents, and will have a better appreciation of the current issues facing plan sponsors.