Speaking Engagement

Retirement Plan Developments

3/27/2007

Boston, MA

Seyfarth Shaw LLP
World Trade Center East
Two Seaport Lane, Third Floor
Boston, Massachusetts

Agenda
Registration and Breakfast 8:00 a.m. - 8:30 a.m.
Program 8:30 a.m. - 10:00 a.m.

The Pension Protection Act of 2006 made sweeping changes to traditional pension plans, 401(k) plans, and multiemployer plans. While many of the changes are intended to shore up the ailing pension system, the Act also impacts the administration and design of 401(k) plans, and includes new opportunities for fiduciary protection. Separately, the IRS is poised to issue final 409A regulations that will likely require further amendments to deferred compensation and severance arrangements for executives. The plaintiffs’ bar has also been busy filing class action lawsuits against employers and providers alleging inadequate 401(k) plan fee disclosure. This breakfast briefing will provide a roadmap to assist employers in navigating the new retirement plan landscape. Join us and you will learn about: 

  • New nondiscrimination safe harbor for 401(k) plans 
  • New safeguards for automatic enrollment 
  • Default investments and the implications for plan conversions 
  • Faster vesting for profit sharing contributions 
  • New reporting and disclosure requirements 
  • Permitted phased retirement under pension plans 
  • New lump sum assumptions for pension plans 
  • Changes affecting multiemployer plans 
  • The latest thoughts on nonqualified deferred compensation plan design 
  • Proposed legislation to raise taxes on nonqualified deferred compensation 
  • How to evaluate and minimize your Company’s exposure to 401(k) plan fee litigation