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2020NAFE Session Descriptions
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NOTE: After significant time, energy and evaluation, the NIPA Board of Directors has decided to postpone the 2020NAFE, which will now take place August 9-12, 2020  at the JW Marriott in Nashville. The 2020NAFE web pages will be updated on a rolling basis as details are confirmed. We appreciate your patience and understanding.

 

Session Descriptions

                          

=Business Operations   =Defined Benefit  =Defined Contribution  =Specialty   =Virtual Conference

 

 

Sunday, August 9

 General Session: 2020 Washington Update

 

Business Operations Track

Critical Conversations and Mentorship

An Internal Approach to Projects - Planning and Getting Buy in From Staff

 

Defined Benefit

The Interplay Between DB Funding and Deductions

Designing Owner-Only Defined Benefit Plans 

  

Defined Contribution

  Plan Design - Beyond the Basics

 ADP / ACP Testing - Planning for a Positive Outcome - Tips and Tricks to Help You Get There 

 

Specialty Topics

Gen Z - What to Expect 

When and Why to Use Nonqualified Plans

 

Monday, August 10

General Session: Surviving the Overwired World

 

Business Operations Track

How to Remain on Top in the Continuing Fee Race to the Bottom

The Art of Smalltalk 

Driving Success Using Business Financials and Metrics 

Professional Motivators and Employee Engagement

Mastering New Media

 

Defined Benefit

Restrictions...Restrictions...Restrictions...

 Examining 401(a)(4), a TPA's Most Important Tool (Part 2 of 2) 

Coming Down the Pike: What's Hot in the Large Plan Market That May Impact Small Plans 

DB Plan Compliance Calendar...What to Do and When? 

The Latest from the PBGC

 

Defined Contribution

 Examining 401(a)(4), a TPA's Most Important Tool (Part 1 of 2)

The "How To's" of an IRS Voluntary Correction Program (VCP) Submission

 401(k) Hot Topics

Eligibility and Coverage 

Roth Roth Roth! 

 

Specialty Topic

Considerations When Sponsoring an ESOP and a 401(k) Plan

Amendments - Everything You Want or Need to Know 

EP Voluntary Closing Agreements - The Other Correction Program

 The Making of a Regulation - the Federal Rulemaking Process 

 Handling of Government Audits of Retirement Plans

 

Tuesday, August 11

General Session: Ethics - Making The Right Choice in Tough Situations


Business Operations Track

Tackling the Tough Topics with Humor 

Tax-Exempt Market Opportunities

Recruiting, Interviewing and Hiring Strategies

Privacy Issues in the ERISA Plan Space

Behaviors at Work and Why They Matter


Defined Benefit

 Olaf's Guide to Frozen Plan Considerations

 Practitioner Ethics 

Ask the DB Experts

Even Retirement Plans Retire - Best Practices

Communicating a New DB Plan to a DC Plan Sponsor

 

Defined Contribution  

 Interaction Between DC and Cash Balance Plans: Is Now the Time to Add a CB Plan? 

Don't Be a Loaner

 Compensation - Beyond the Basics 

 DOL Voluntary Fiduciary Correction Program (VFCP)

 QDROs in Retirement Plans - Not Just for Divorce 


Specialty Topics

ERISA Litigation Update and Lessons Learned

The "New" Employee Benefit Plans Reporting Standard and What It Means for Your Clients

What Does 199A Mean to You? 

New MEP Rules: How Will They Impact the Industry?

SEPs and SIMPLEs: A Primer for TPAs


Wednesday, August 12

Business Operations Track

The "Ideal" Path: From Sales to Implementation

Are You Suffering from Engagement Scope Creep?


Defined Benefit

Navigating DB/CB Required Minimum Distributions

Deep Dive into 415

 

Defined Contribution

Mergers & Acquisitions - Plan Design and Administration

Errors! Oh No! EPCRS Case Studies


Specialty Topics

The New World of 403(b) Documents: Getting Your 403(b) Plan into Compliance and Keeping it There

Cybersecurity and Your Firm


 

SUNDAY, August 9

1:00 p.m. – 2:30 p.m.

General Session: 2020 Washington Update

Reagan Anderson, Senior Vice President, Government Relations, Capitol Group

Level: Intermediate

 

Reagan will provide an update on the current political landscape in Washington including what is happening on Capitol Hill, the White House, and financial regulatory agencies.  She will also cover the latest relevant legislation as it relates to the financial services industry.  Lastly, she will provide a “look-ahead” to the 2020 election, races to watch and the Democratic primary landscape.  

 

3:00 p.m. – 4:15 p.m. 

 Critical Conversations and Mentorship

Amanda Iverson CPA, MBA, PHR, SHRM-CP, APM, Chief Operating Officer, Pinnacle Plan Design

Level: Intermediate

 

Just think what you could achieve if you could effectively engage in a thoughtful discussion and meaningful mentorship at work . Giving clear, honest and constructive feedback is hard, but it is imperative to be able to have these crucial conversations. This session will discuss strategies for establishing a better understanding of one another, enhancing positive and productive relationships and improving performance.


 The Interplay Between DB Funding and Deductions

Kevin Donovan, CPA, EA, FCA, FSPA, Managing Member, Pinnacle Plan Design, LLC 

Level: Advanced

 

What do IRC the deduction rules of Section 404 and the minimum funding rules of Section 430 have to do with each other? Come learn about the interplay between the two. Attendees will understand the required assumptions, deadlines, and any necessary plan amendments pertaining to required and deductible contributions.  


 Plan Design - Beyond the Basics

Stephen Forbes, J.D., LL.M., President, Forbes Retirement Plan Consulting

Level: Advanced

 

Safe harbor contributions, cross testing and automatic enrollment are well-known methods to optimize plan objectives. Uncommon plan designs, such as triple-stacked match, can also enhance outcomes for unique situations. This session will use case studies to address these and other types of plan design features, how they can be combined, and when they are best applied.


 Gen Z - What to Expect

Sarah Simoneaux, CPC, Founding Partner, SCS

Level: Intermediate

 

Gen Z and Millennial employees do not seem to be motivated in the same way as the Baby Boomer and Gen X generations. Find out how to engage these younger generations, entice them to stay in our highly technical field, and replace the Baby Boomers who are retiring in greater frequency.

 

• Characteristics of younger workers – especially as Gen Y ages and Gen Z enters the workforce
• Keeping Gen Y and Gen Z employees motivated
• How Gen Y and Gen Z are interacting in the workplace with older employees

 

 

4:30 p.m. — 5:45 p.m.

 An Internal Approach to Projects - Planning and Getting Buy in From Staff 

Sarah Simoneaux, CPC, Founding Partner, SCS

Level: Advanced/Intermediate

 

Managers and owners get excited about the gains in efficiency from implementing a new software system or a new process. They spend a lot of time analyzing the choices and finding what they think will be a great new way to do … something. Unfortunately, the staff was not brought into the project early on, and they drag their feet when asked to use the new process or the new system. The management team exhausted all their planning time in between busy seasons to help the firm - and the staff - and they feel frustrated by the employees’ response. Learn from actual case studies how to implement changes in a retirement services firm – from simple to complex - that the firm’s staff feel good about and where they work to make the change successful.

 Designing Owner-Only Defined Benefit Plans

Kevin Donovan, CPA, EA, FCA, FSPA, Managing Member, Pinnacle Plan Design, LLC 

Level: Advanced

 

This session will focus on designing owner-only (or owner and spouse) DB plans. What data is needed to perform your analysis? Is there historical compensation that can support the desired contribution/benefit? Does the taxpayer's entity matter, and should it change? Can your client sustain the first year contribution in future years and do they want to? Should you use a cash balance plan or a traditional plan? What can be done with an accompanying 401(k) plan?

 ADP / ACP Testing - Planning for a Positive Outcome - Tips and Tricks to Help You Get There! 

Stephen Forbes, J.D., LL.M., President, Forbes Retirement Plan Consulting

Level: Intermediate

 

ADP / ACP testing is a critical component of plan compliance.  This session will explore the many testing options available to plan sponsors that can result in lower corrective distributions as well as avoiding them all together. Topics to be covered include:

  • Creative QNEC’s
  • Comparing Compensation Alternatives for Testing
  • Excludable Employee Testing Options
  • Shifting Rules

 When and Why to Use Nonqualified Plans 

Kelsey Mayo, J.D., Lead Partner, Employee Benefits, Poyner Spruill LLP

Level: Advanced

  

Nonqualified deferred compensation plans are a great tool for attracting, retaining and compensating key employees, and for succession planning.  Come to this session to learn about different types of deferred compensation plans and how they can incentivize employees. We will also discuss the myriad of complex rules applicable to these plans, such as Code Section 409A, the FICA withholding rules, and the top hat plan exemption from ERISA.  Case studies will provide points of reference for how these rules are applied in the real world and illustrate the advantages and disadvantages of these plans.

 

Return to Full Schedule of Events


MONDAY, August 10

 

8:15 a.m. – 9:45 a.m.

General Session: Surviving the Overwired World 

Sheri Fitts, Founder, ShoeFitts

Level: Intermediate

 

 Surviving the Overwired World
Hundreds of emails every day, Facebook updates, LinkedIn invitations, cell phone messages: With all the incoming check-ins and chimes, how do you stay focused? Sheri provides you tools and coping mechanisms to successfully balance use of your demanding-yet-valuable technology and your need for peace in a distraction-free space. Thriving the overwired world is the focus. During this session you’ll learn:
Tips for managing your energy throughout the day
Finding your space bar 
Tools and ideas for building focus and eliminating distractions
Efficient ways manage technology and emails

 

 

10:15 a.m. – 11:05 a.m.

 How to Remain on Top in the Continuing Fee Race to the Bottom 

Jason Roberts, J.D., AIFA, Managing Partner, Retirement Law Group

Level: Intermediate

 

Today's regulatory environment has plan sponsors looking for help with managing their fiduciary responsibilities. TPAs can offer just that - expertise! Expertise is required to deliver technical plan governance and plan related services all while facing continued fee compression and industry consolidation. TPAs need to rethink how to best position their value in the marketplace while not effecting their revenue models and the services they deliver to their clients. In this session you will learn: how to balance revenue streams while supporting your clients; how to offer new or additional requested services for the plans you serve; and you will receive actionable intelligence and takeaways to help show true value to advisors and sponsors alike.


 Restrictions... Restrictions... Restrictions...

Phil Allen, ASA, EA, FCA, MSPA, Actuary, Nova 401(k)

Level: Advanced

 

This session will take an in-depth look at Section 436 and the Top-25 benefit restrictions. What restrictions are triggered by certain AFTAPs? Does the Top-25 lump sum restriction apply? What are the best strategies to mitigate these benefit restrictions? Come hear answers to these questions!

 

  Examining 401(a)(4), a TPA's Most Important Tool (Part 1 of 2)

Angela Vadnais, EA, MSPA, Enrolled Actuary, Pension Benefits Unlimited

Level: Advanced


Have you ever been in a session where the technical details of 401(a)(4) were glossed over? This is not that session. Take an in-depth look at calculating benefit accrual rates, identifying the best methods for passing and optimizing plan design. This session is the first in a two-part series and focuses on defined contribution plan testing arrangements.


 Considerations When Sponsoring an ESOP and a 401(k) Plan

Dolores Lawrence, CPA, QKA, Managing Director, Blue Ridge ESOP

Level: Advanced

 

Many companies share ownership with their employees through the sponsorship of an ESOP. Most of those companies also sponsor a 401(k) plan. This type of combined retirement program can produce complications, pitfalls and special considerations for sponsorship and administration. This session will explore the key issues for the joint administration of both plans and their cohesiveness through a review of: plan design; compliance testing; and, situations unique to an ESOP as part of the benefit program.

 

 

11:25 a.m. – 12:15 p.m.

 The Art of Smalltalk 

Lara Hise, Vice President, TPA Services, Transamerica

Level: Immediate 

  

There is nothing small about small talk. Small talk is a vital personal and professional skill. It is the first step in connecting with others and forging lasting and meaningful relationships. Join us for a discussion on the "Art of Small Talk." Learn the tools and techniques to meet new people and gain a comfort level to start or join in on any conversation or topic.


  Examining 401(a)(4), a TPA's Most Important Tool (Part 2 of 2)

Angela Vadnais, EA, MSPA, Enrolled Actuary, Pension Benefits Unlimited

Level: Advanced

 

Have you ever been in a session where the technical details of 401(a)(4) were glossed over? This is not that session. Take an in-depth look at calculating benefit accrual rates, identifying the best methods for passing and optimizing plan design. This session is the second in a two-part series and focuses on aggregated defined contribution and cash balance plan testing arrangements.

 The "How To's" of an IRS Voluntary Correction Program (VCP) Submission

Brian Furgala, Director of ERISA Services, Wolters Kluwer

Level: Intermediate

 

This session will address voluntary correction applications under IRS Rev. Proc. 2019-19. Navigating the electronic filing process can be complicated. Utilizing case studies, attendees will understand the steps involved in filing a successful VCP application and how to comply with the IRS' expectations with respect to correcting plan operational errors.


 Amendments - Everything You Want or Need to Know 

Robert West, Attorney at Law, Director, Haynes Benefits

Level: Intermediate

 

Situations occur in the work place that require plan sponsors to amend their plans. Depending on the provision being amended there are governing rules of IRC and ERISA that must be followed. This session will highlight the various forms of amendments, what can be amended, timing of adoption and anti-cutback considerations.

 

 

1:15 p.m. – 2:30 p.m.


 Coming Down the Pike: What's Hot in the Large Plan Market That May Impact Small Plans 

Bill Karbon,  MAAA, MSPA, CPC, QPA, Executive Vice President, CBIZ Retirement Plan Services

Level: Intermediate 

 

In the DB world often the tail wags the dog, but every once in a while it's the dog wagging the tail. Come hear the latest in the large plan market (i.e. the dog). This session will analyze the different plan design options, explore available DB plan derisking options, appraise effectiveness of DB plan replacement options, plus, how large plan rules may impact the small plan market.


  401(k) Hot Topics 

Craig Hoffman, Of Counsel, Trucker Huss

Level: Intermediate

  

Every year we see new hot topics arise in the retirement plan world. Recently some of those topics included hardship distribution final regulations, student loan repayments through employer match and backdoor roth contributions. In this session you will learn about these hot topics and more in greater detail. You also can get your questions answered regarding the newest information surrounding each issue.


 EP Voluntary Closing Agreements - The Other Correction Program

Alison J. Cohen, J.D., APA, APR, Partner, Ferenczy Benefits Law Center

Level: Advanced

 

An important although lessor known compliance tool is the EP Voluntary Closing Agreement Program. This IRS program is available for plan sponsors to correct serious qualification errors not available for correction under EPCRS. Come to this session to learn what the EP Voluntary Closing Agreement Program is and how it differs from EPCRS; the procedures for submitting a request under the Program; and the effect on an IRS audit.  You also will hear real case studies that will provide insight into the types of errors that have been submitted and how they were addressed in the closing agreements.

 

 Mastering New Media 

Sheri Fitts, Founder, ShoeFitts

Level: Intermediate 

 

Marketing has changed. The avenues that were part of a successful sales formula—public relations, advertising, and tangible collateral—don’t carry the same effectiveness today. Where did all the customers go? They’re still here, but they went online.Shifts happen. Today, everyone is a media tycoon – just open your phone and start recording! Hence the digital overload we’re all facing. We’re flooded with content. Cell phones by our bedsides guarantee that we’re overloaded with media and information from the time we wake up to the time our heads drop to the pillow. Thousands of bits and bytes – begging for our attention.With so much hand waving and cat videos permeating our lives, it’s become increasingly difficult to stand out. But it doesn’t have to. There’s a hidden opportunity here! Digital media creates favorable search engine optimization (SEO) for your business. It opens the door to innumerable new connections, and it is a crucial element in helping to build your brand. The online space provides a channel into the new buying cycle of your clients and prospects. Digital media fortifies your brand, amplifies your business and deepens your relationships. Is digital part of your current marketing and branding strategy? Do you have a strategy? Set aside time to attend this session. It’s too important not to.

 

 

3:30 p.m. – 4:20 p.m.

 Driving Success Using Business Financials and Metrics 

Amanda Iverson CPA, MBA, PHR, SHRM-CP, APM, Chief Operating Officer, Pinnacle Plan Design

Level: Advanced

 

How is your driving? During this session we will review the basics of financial statements and discuss how this financial data is used to help business leaders "drive" their business. We will also review the development and use of business metrics and Key Performance Indicators (KPIs) that can be used to "steer" your firm's success.


 DB Plan Compliance Calendar... What to Do and When? 

Norman Levinrad, EA, CPC, FSPA, President, Summit Benefit & Actuarial Services, Inc.

Level: Intermediate 


This session will review the important filing and compliance due dates for DB plans that are critical to your annual administration cycle. Understanding these dates will assist you in establishing proper internal administration workflows and controls which will help keep your DB plans in compliance.


 Eligibility & Coverage

Dolores Lawrence, CPA, QKA, Managing Director, Blue Ridge ESOP

Level: Advanced

 

Who's the Participant? What seems like a straightforward question can, in reality, be a complicated issue. Dual eligibility and job or division classification exclusions can be effective plan design tools, but also add to the complexity of administering plans. Add in rehires, seasonal employees, controlled group and affiliated service group considerations and you can have additional challenges. In this session, the speaker will provide insight into dealing with eligibility and coverage issues.

   The Making of a Regulation - the Federal Rulemaking Process

Craig Hoffman, Of Counsel, Trucker Huss

Level: Intermediate

 

How are regulations (and other guidance) developed and issued? Who is involved at Treasury, IRS and the DOL, and what role do they play? How does the political affiliation of the House, Senate or residency impact the regulatory process? Where does federal law come into play? An attendee of this session will be able to: summarize how guidance is created by the various agencies from concept to publication; understand the impact of the Administrative Procedures Act and other federal laws; and, appreciate how politics influences the whole process.

 

 

4:40 p.m. – 5:30 p.m.

 Professional Motivators & Employee Engagement

Claudia St. John, SPHR, SHRM-SCP, President, Affinity HR Group, Inc.

Level: Intermediate/Advanced

 

Have you ever wondered what motivates your employees?  Do you ever think about the areas of your work that you love and why?  Do your colleagues see the world differently from you? This session explores the reason people take action and make the decisions that they do. Attendees will: 
Learn about the Spranger model of internal attitudes; 
Explore how those attitudes affect the choices we make and the relationships we maintain; and 
Discover ways to improve employee engagement and performance by focusing on motivators. 


 The Latest from the PBGC

Speaker: To Be Announced

Level: Intermediate

 

Understanding the PBGC requirements, including recent updates, will help in administering plans subject to PBGC and anticipating how these rules affect various compliance issues. Topics may include rules of determining coverage, how to request a coverage determination, and premium calculations.


 Roth Roth Roth! 

Maggie Younis, APR, APA, ERPA, CPC, TGPC, National Director, Consultant Relations, Lincoln Financial Group

Level:Intermediate

 

How well do we really know Roth? This session will answer questions and address common misconceptions about administering Roth in a qualified plan. Attendees will enjoy a thorough discussion of designated Roth contributions and distribution rules, and explore issues and trends like in-plan Roth rollovers / conversions, back door Roth plan design options, and Roth IRAs.


 Handling of Government Audits of Retirement Plans

Kelsey Mayo, J.D., Lead Partner, Employee Benefits, Poyner Spruill LLP

Level: Advanced


In the retirement industry, there is nothing that creates a sense of panic more than finding out that a retirement plan is going to be audited by the government.  Each year retirement plans can be audited by the Internal Revenue Service (IRS), Pension Benefit Guarnanty Corportation (PBGC) or the Department of Labor (DOL) for compliance with statutes and regulations for which these agencies have enforcement authority. This session will provide attendees a roadmap to handling any government audit, including what to expect and how to avoid common pitfalls.  


 

Return to Full Schedule of Events

 


TUESDAY, August 11

8:15 a.m. – 9:45 a.m.  

General Session: Ethics- Making the Right Choice in Tough Situations

Alison J. Cohen, J.D., APA, APR, Partner, Ferenczy Benefits Law Center

Level: Intermediate

 

Pension professionals can find themselves in a situation that appears to be between a rock and a hard place.  We are guided both by Circular 230 and the NIPA Code of Conduct to help us through these moments.  Practice makes perfect and this session is going to put your skills to the test.  Not only a review of the key requirements of the Code of Conduct, but this ethics session will be a fun, interactive adventure for attendees with all new scenarios for discussion purposes.

 

 

10:15 a.m. – 11:05 a.m.

 Tackling the Tough Topics with Humor 

Tristan Smith, A.P.R., CPFA, TPA, RMD, John Hancock

Level: Intermediate 

 

So, a dog, a cat and a goldfish walked into a bar.....  An exchange of information that leads to an instant connection is a successful one. Whether it be in a business environment, social setting or on the stage, the faster we connect, the better results we will have.  Using humor can help you communicate difficult things in a way that lets the recipient really hear you.  This is because humor brings down defense mechanisms and helps listeners retain information.   This presentation walks though the anatomy of humor, and how anyone can use it to successfully connect in a personal or professional setting with greater impact.  


 Olaf's Guide to Frozen Plan Considerations

Lorraine Dorsa, CEBS, EA, FCA, MAAA, MSPA, Actuary, Aegis Pension Services, Inc.

Level: Intermediate

 

"Sometimes doing nothing is the hardest thing. Frozen plans can feel like they are on auto-pilot, but they present unique challenges and opportunities. Attend this session to:

  • Examine when it makes sense to maintain a frozen defined benefit plan,
  • Learn about complying with the minimum participation rules,
  • Discuss providing top heavy minimum benefits, and 
  • Identify the right time to unfreeze or terminate."

  DOL Voluntary Fiduciary Correction Program (VFCP)

Brian Furgala, Director of ERISA Services, Wolters Kluwer

Level: Intermediate

 

This session will cover a review of the transactions eligible for correction through the DOL's Voluntary Fiduciary Compliance Program (VFCP) and the acceptable correction methods. Case studies of the most common transaction errors by Plan Sponsors will be discussed. Attendees will gain a better understanding of the VFCP, be able to identify transactions that can be corrected, and understand the VFCP application requirements and process.


 ERISA Litigation Update and Lessons Learned 

Robert West, Attorney at Law, Director, Haynes Benefits

Level: Advanced

 

As plaintiffs' theories of liability evolve, 401(k), 403(b) and other retirement plans are subject to increasing risk of litigation.  This session will discuss recent developments in litigation filed against plans, sponsors and plan fiduciaries including cases pending before the U.S. Supreme Court.  Additionally the discussion will address lessons learned from this litigation including fiduciary and plan document best practices. 

 

 

11:25 a.m. – 12:15 p.m.

 Tax-Exempt Market Opportunities 

Kevin Kidwell, Vice President, National Tax-Exempt Sales, OneAmerica

Level: Advanced

 

Despite representing $2.5 trillion in assets, the tax-exempt markets remain a largely under-served sector of the retirement plan industry. With regulatory changes for 403(b) plans dating back over 10 years many organizations continue to struggle with their compliance in operation and plan documentation. There is a great opportunity to step into this sector to provide much needed services and expertise. This presentation will help TPA's get a better understanding of the "opportunity" and how to best work with clients and prospects in the tax-exempt market.


  Practitioner Ethics 

Norman Levinrad, EA, CPC, FSPA, President, Summit Benefit & Actuarial Services, Inc.

Level: Advanced

 

Albert Einstein famously said, “Relativity applies to physics, not ethics.” Sounds easy? As practitioners we all face scenarios that test our professionalism and, at times, our ethics. Navigating those scenarios can be challenging. Join this session as we draw on real-life scenarios to identify ethical issues practitioners have faced and discuss best practices for resolution. The discussion will include examples specific to actuaries including ASOPs, as well as more general examples; the themes are relevant for all attendees seeking ethics credit.


 Don't Be a Loaner

Cecilee Young, QKA, QPA, Vice President, Atlantic Pensions

Level: Intermediate


Loans! They're problematic. This session will address the requirements under both ERISA and the IRC for participant loans. Attendees will take away the general requirements of a participant loan and loan program, things to evaluate upon takeover of a loan, and how to correct compliance errors.


 The "New" Employee Benefit Plans Reporting Standard and What It Means for Your Clients 

Mark Blackburn, CPA, Shareholder, LBMC, PC

Level: Advanced


In July 2019, the Auditing Standards Board (ASB) issued the biggest change to ERISA employee benefit plans practice since 404(a)(5) fee disclosure notices became a requirement. The ASB's final statement on auditing standards (SAS) No. 136 formed an opinion and reporting on financial statements of employee benefit plans subject to ERISA (EBP SAS). This session will discuss the impact on your plans and the steps you must take to meet these new requirements.



 Ask the DB Experts

Kevin Donovan, CPA, EA, FCA, FSPA, Managing Member, Pinnacle Plan Design, LLCMary Ann Rocco, EA, MSPA, Owner, EA Consulting ActuaryNorman Levinrad, EA, CPC, FSPA, President, Summit Benefit & Actuarial Services, Inc.

Level: Advanced

 

You have questions. We may have answers. Come to this session armed with your toughest questions for our panel. This is a great opportunity to share ideas and opinions in a lively, safe and fun environment.


 Compensation - Beyond the Basics

David Schultz, J.D., APM, Educator and Product Manager, FIS Relius 

Level: Advanced

 

The definition of compensation selected for a retirement plan can affect both contribution allocation and testing.  This session will focus on designing the plan's definitions of compensation to meet the employer’s goals while keeping the plan in compliance with the code and regulations. Upon completion of the session, the attendee will be able to identify the various definitions of compensation and optimize plan design and operational compliance.    


 What Does 199A Mean to You? 

Bill Karbon,  MAAA, MSPA, CPC, QPA, Executive Vice President, CBIZ Retirement Plan Services

Level: Advanced

 

You have a couple tax seasons under your belt, but do you really understand 199A calculations for pass-through income and how it impacts our industry? Do you know how the calculation works? Can you recognize "good" retirement plan prospects? Are you able to explain the what and why of plan design as it pertains to your clients' or prospects' own tax situations? If you aren't a "yes" to these questions yet, come join us for some education. Even if you are a "yes" to most, it never hurts to have a refresher, ask questions of your own or share your experiences with everyone.

 

 

2:00 p.m. – 3:15 p.m.

 

 Behaviors at Work and Why They Matter

Claudia St. John, SPHR, SHRM-SCP, President, Affinity HR Group, Inc.

Level: Intermediate/Advanced

 

Do you sometimes wonder why your co-worker made that decision? Do your client's choices ever make you stop and think, why? Attendees in this session will learn about what motivates people to do what they do and how people then use that motivation to make decisions that drive their behaviors.

 

 

3:30 p.m. – 4:20 p.m.

 Recruiting, Interviewing and Hiring Strategies

Cecilee Young, QKA, QPA, Vice President, Atlantic Pensions & Stephanie Terry, CPA, QPA, QKA, APA, Partner, Pinnacle Plan Design, LLC

Level: Advanced

 

What strategies does your firm employ to ensure your recruitment efforts are successful? How do you vet candidates to determine whether their technical and soft skills align with a position? Does your hiring process reflect your firm's culture and leave candidates excited to join your team? Join this session to hear what works (and what doesn't) from two veteran TPAs sharing their insight on recruiting, interviewing and hiring.

 Even Retirement Plans Retire - Best Practices

Lorraine Dorsa, CEBS, EA, FCA, MAAA, MSPA, Actuary, Aegis Pension Services, Inc.

Level: Intermediate

 

Alas! All good things must come to an end...even retirement plans. Terminating a defined benefit plan takes planning, communication, and a lot of paperwork. Join us to discuss the required steps for terminating a DB plan (both PBGC and non-PBGC), best practices for carrying those steps out, and practical strategies for managing a client's expectations.


 Interactions Between DC and Cash Balance Plans: Is Now the Time to Add a CB Plan? 

Angela Vadnais, EA, MSPA, Enrolled Actuary, Pension Benefits Unlimited

Level: Advanced

 

Your client relies on your expertise to provide the retirement program to fit the company's ever-changing objectives. You designed the ideal 401(k) package, but the client wants (and expects) to hear about other available options. Is now the time to approach him about a cash balance plan? Is the company a good prospect? How will adding a CB plan affect his current 401(k)? What hurdles can he expect with implementation? This session will provide insight on how you can identify CB prospects and guide them through the design and implementation process.


 New MEP Rules: How Will They Impact the Industry?

David Schultz, J.D., APM, Educator and Product Manager, FIS Relius 

Level: Advanced

 

Multiple employer plans have been championed by some as a way to increase retirement plan coverage. At the direction of the President, the Department of Labor has issued final rules that could significantly expand their reach. At the same time, MEP supporters in Congress have introduced a number of bills that would address fiduciary concerns including potential problems under the Code. We’ll review the current status of the laws regulating MEPs, the DOL and IRS proposed regulations and the various legislative proposals intended to spur their growth, as well as what the future portends.

 

 

4:35 p.m. – 5:25 p.m.

 Privacy Issues in the ERISA Plan Space 

Phil Troyer, J.D., Chief Compliance Officer, Resources Investment Advisors 

Level: Advanced

 

In today's day and age, everyone is worried about privacy and the retirement plan industry is no different. There is more than just a fear of disclosing private information and the related consequences. There are also the related questions about whether a disclosure is a breach of ERISA fiduciary duty. This session will discuss the application of federal and state privacy laws to ERISA-covered retirement plans, as well as the practical implications of "walling off" participants from personal data.


 Communicating a New DB Plan to a DC Plan Sponsor

Mary Ann Rocco, EA, MSPA, Owner, EA Consulting Actuary

Level: Intermediate

 

Communication is key in explaining how a CB/DB plan works, how it impacts the business, and the responsibilities for its operation and funding. This session will provide communication tips to explain a CB/DB plan in simple terms which are direct, understandable and relevant to the plan sponsor.


 QDROs in Retirement Plans - Not Just for Divorce

Robert West, Attorney at Law, Director, Haynes Benefits

Level: Intermediate


Is your client prepared if one of their employees notifies them of a QDRO? Retirement plan assets are typically one of the most valuable assets a participant may own. This session will address issues arising with the assignment of retirement plan assets, identifying what may qualify as a QDRO, and practical tips to resolve administrative concerns.


 SEPs & SIMPLEs: A Primer for TPAs 

Evan Giller, Of Counsel, BoutwellFayAndy Lovell, APA, APR, ERPA, MBA, QKA, Vice President, ERISA Retirement Services, National Benefit Services, LLC

Level: Intermediate

 

Is there ANYTHING simple about a SIMPLE IRA or a SEP?  Although most TPAs don't administer SIMPLE IRAs or SEPs, they still need to to be able to discuss them articulately with clients and referral sources.  Come to this session to see: why your 401(k) plan model doesn't necessarily work for all employers - sometimes a SIMPLE or SEP is just better; what the common errors with these arrangements are and how to avoid them; and where to go for guidance.



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WEDNESDAY, August 12

8:30 a.m. – 9:45 a.m.

 The "Ideal" Path: From Sales to Implementation 

Darren Holsey, APA, APR, ERPA, QKA, QPA, Owner/Executive Plan Consultant, Premier Retirement Plan Services (Premier RPS) & Andy Lovell, MBA, ERPA, QKA, APR, APA, Vice President, Strategic Partnerships, NBS

Level: Intermediate

 

There are many ways to get there, but what is the "ideal" path from sales to implementation? Should the sales team sell and then a separate team take over for implementation, or should the sales teams take it all the way from the sale through the implementation process? While there are many different paths in this session we will discuss: pros and cons of different models; internal onboarding tasks to be considered; and other hiccups in the onboarding process.


 Navigating DB/CB Required Minimum Distributions

Mary Ann Rocco, EA, MSPA, Owner, EA Consulting Actuary

Level: Advanced

 

Through examples, this session will take a deep dive into the complexities of calculating required minimum distributions (RMD) in CB and traditional DB plans. Attendees will learn the proper calculation methods, how to optimize the amount, and comply with the timing requirements for RMDs.


 Mergers & Acquisitions - Plan Design & Administration

Ilene Ferenczy, Esq., APA, CPC, Managing Partner, Ferenczy Benefits Law Center

Level: Advanced

 

Mergers and acquisitions are commonplace in today’s business environment. How do these complex transactions affect existing retirement plans? This session will address through case studies the difference between a stock and asset sale, options for merging, terminating, or spinning off plans, the timing for each, and rules for covering employees, service crediting, protected benefits, and transition rules.


 The New World of 403(b) Plan Documents: Getting Your 403(b) Plan Into Compliance and Keeping It There

Evan Giller, Of Counsel, BoutwellFay

Level: Advanced

 

403(b) plans finally have an opportunity to adopt plan documents that have been pre-approved by the IRS.   In addition, the IRS has allowed these documents to be adopted retroactively to correct certain errors in prior documents. This means plan sponsors can now be assured that their plan documents satisfy the qualification requirements of the Code. Come to this session to learn about the advantages and possible drawbacks of adopting a pre-approved plan, the restatement process, and the significance of the retroactive amendment period. You will also learn about common operational errors specific to 403(b) plans and how to correct them.

 

 

10:00 a.m. – 11:15 a.m.

 Are You Suffering From Engagement Scope Creep?

Ilene Ferenczy, Esq., APA, CPC, Managing Partner, Ferenczy Benefits Law CenterAndy Lovell, APA, APR, ERPA, MBA, QKA, Vice President, ERISA Retirement Services, National Benefit Services, LLC

Level: Advanced

 

Money is a sensitive topic in most settings, and dealing with our clients is no exception. Is your service agreement strict, or do you provide flexibility? Do you completely offset all revenue sharing or just some of it? Do you provide discounts for "good" behavior? How severe are your penalties for "bad" behavior? Join this session as perspectives are shared from an experienced panel of your peers to help you make the best decision for your firm.


 Errors! Oh No! EPCRS Case Studies 

Alison J. Cohen, J.D., APA, APR, Partner, Ferenczy Benefits Law Center

Level: Advanced

 

From the creators of NIPA's Error Corrections (EPCRS) Certificate Course, this entertaining session of case studies will illustrate different EPCRS correction options. Each study will allow attendees to understand different programs in EPCRS, discuss practical impacts of using EPCRS and understand how this creates positive outcomes for clients.


 Cybersecurity & Your Firm

Paul Perry, CISM, CITP, CPA, Member | Security, Risk and Controls Practice Leader, Warren Averett, LLC

Level: Intermediate

 

With cyber crime on the rise, are you doing everything you should to safeguard your clients, your company and yourself? Come to this session to gain practical, ready -to-use tools to support your cyber security efforts while minimizing risk.


 Deep Dive Into 415

Phil Alhttps://www.nipa.org/page/2020NAFESpeakers#ALLENlen, ASA, EA, FCA, MSPA, Actuary, NOVA 401(l) Associates

Level: Advanced

415...does hearing those three numbers automatically cause you stress? Let us lower your stress level when it comes to 415 maximums. This technical session will dive deep into the intricacies of calculating 415 limits. Attendees will learn how to navigate the complex calculations, review unique case studies, and investigate the impact of multiple annuity starting dates (MASDs).


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