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At first glance, the elapsed time method for calculating service seems like a promising idea. No need to bother with hours of service. Just keep track of when people are hired and fired and let the chips fall where they may. Indeed, it can offer advantages where employers don’t have systems for accurately calculating hours of service. But the reality is often different, and the results frequently not to anyone’s liking. This one hour program explores the ins and outs of elapsed time, including:
There are no prerequisites or advance preparation for this program. The instructor will assume attendees are familiar with preapproved plan documents and with the operation of 401(k) plans.
Level: IntermediateNASBA Field of Study: Taxes
Speaker: David Schultz, J.D.Objectives: After the seminar, attendees should be able to:
How to participate
Please connect at least 10 minutes prior to the event to troubleshoot any issues. You will need a phone and internet access. The graphics presentation and illustrations will be viewed via the web connection, while the presenter's audio portion will be via the telephone. Important Note: The user registrant must be logged in via the internet for CE purposes. Select the "Fees" link on the right side menu of this page for more information.
System Requirements for Webex
WebEx supports both Windows and Mac operating systems. For Windows, we recommend using Internet Explorer 11 or Microsoft Edge browsers. For Mac, we recommend using Google Chrome or Mozilla Firefox browsers. For the easiest connection to the event without the need to download any additional software, try the new Webex web app by clicking on the "Join by browser" link below the login fields. Then connect by telephone as prompted.
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