Defined Contribution Plans and Publicly Traded Employer Securities a Q4 2009 (Contribution Plans a)
Event Date/Time: Nov 16, 2009
End Date/Time: Nov 16, 2009
Nov 16, 2009
Early Registration Date:
Nov 13, 2009
Back ground: Effective for plan years beginning after December 31, 2006, the IRS proposed regulations under Code Sec. 401(a)(35) which had a significant impact on diversification requirements for defined contribution plans and public employer securities. The regs most significantly affected issues such as: Divestment rights, Employee Stock Ownership Plan â€œESOPsâ€, Pooled investment vehicles, and Restrictions on: diversification rights, employer securities, Benefits, Elections, Direct/Indirect restrictions.
Effective on or after January 1, 2009, The Treasury Department and IRS released REG-136701-07 These were intended to clarify the scope of the rule with respect to restriction, and expanded definitions of when employer securities are traded in an official securities market.
Fast forward to Q4 2009 and companies are still grappling with this issue. The Knowledge Group is assembling a panel of plan experts to help plan sponsors & companies understand whatâ€™s new and how to comply. The speakers will share their expertise in a two-hour LIVE Webcast which will include a live Q&A opportunity for the audience and a best practices panel.
Course Level: Intermediate
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 093886
Course Fee: $199 - $299
NASBA Sponsor Number: 109004