The Pension Protection Act of 2006 is one of the most sweeping changes in
pension law in 30 years. It is designed to encourage, enhance, and protect
retirement savings. This Webinar will discuss those portions of the new law that
HR professionals need to know about, including the following:
- Higher contribution limits and other EGTRRA changes are now permanent. Is
it time to consider a Roth feature for your 401(k) plan?
- Faster vesting rules: Does your plan need to be amended?
- Revised benefit statements: What must be included and when the new
statements are due
- Automatic enrollment rules: How the new rules encourage employees to save
for retirement
- Distributions to nonspouse beneficiaries: Can distributions be deferred?
- Investment options: What is new on designating "default" funds and
providing investment advice?
- Military reservists: Retroactive relief on the 10 percent penalty for
early distributions
- Employer securities in a plan: New diversification, notice, and bonding
requirements
- Cash balance plans: Congress has finally accepted them
- Defined benefit plans: Funded status is even more important
Moderators:
Deborah Grace, Member
Cynthia Moore, Member
Dickinson Wright PLLC