FIS Relius

Do you need to train someone new? Do you need to brush up on the basics, or to fill in gaps in your knowledge? SunGard’s Fundamentals Series may be just what you need. 16 convenient 1-hour web seminars provide the information a pension practitioner needs to function effective in the modern 401(k) world. Pick and choose the topics you need, or participate in the entire series: the choice is yours. Our standard pricing has been discounted to make attendance to all sessions in this series more cost effective. The series will cover the following:

• Fundamentals Series 01: Eligiblity
• Fundamentals Series 02: Vesting
• Fundamentals Series 03: Compensation and HCEs
• Fundamentals Series 04: Coverage test (ratio percentage only)
• Fundamentals Series 05: Elective deferrals - including 402(g), automatic enrollment, distribution restrictions
• Fundamentals Series 06: ADP/ACP test
• Fundamentals Series 07: 401(k) safe harbors
• Fundamentals Series 08: Nondiscrimination testing
• Fundamentals Series 09: 415 and deduction limits
• Fundamentals Series 10: Top-heavy
• Fundamentals Series 11: Controlled Groups
• Fundamentals Series 12: Participant loans
• Fundamentals Series 13: Taxation: Roth
• Fundamentals Series 14: Fiduciary requirements; reporting and disclosure
• Fundamentals Series 15: Participant Disclosure
• Fundamentals Series 16: Distributions

Fundamentals Series 05: Elective deferrals - including 402(g), automatic enrollment, distribution restrictions [2016]

Elective deferrals are the heart of most retirement savings plans, so it is not surprising that the rules surrounding these vital contributions are detailed. While future seminars in this series will discuss testing (see program 6), safe harbors (see program 7), and Roth deferrals (see program 13), this program details the many other rules affecting elective deferrals and their employer contribution “cousin,” matching contributions.

Topics include:

• What is an elective deferral?
• Distribution restrictions
• Effective opportunity to defer
• Current availability
• Timing of deferrals and contribution
  • Penalties for late contribution
  • Problems with early contribution
• Conditional benefit rule
• 402(g) limit on deferrals
• Correction of problems
• Catch-up contributions
• Catch-up eligible employees
• Automatic contribution arrangements
• EACAs
• Permissible withdrawals
• Matching contributions

There are no prerequisites or other advanced preparation for this program. No prior experience needed.

Instructional Delivery Method
Group – Internet-Based

NASBA Field of Study: Taxes

Objectives: After participating in this program, an attendee should be able to:

• Determine if deferrals exceed the 402(g) limit
• Explain the restrictions on deferral contribution
• List some of the benefits of automatic contribution arrangements
• Determine if a participant is catch-up eligible

How to participate

You will need a phone (speakerphone, for multiple participants sharing the Primary registrant’s authorized connection) and Internet Access. The graphics presentation and illustrations will be viewed via the Primary registrant’s Web connection, while the speaker audio portion will be via the Primary registrant’s telephone. Select the ""Fees"" link on the right side menu of this page for more information about who is authorized to connect to the program, and for the cancellation/transfer policy.

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