Big changes are happening in the 403(b) world–are you prepared?

The IRS has issued the final 403(b) regulations, replacing existing guidance dating back 40 years. The new regulations make dramatic changes to the rules for all 403(b) plans, including “deferral-only”403(b) plans, and create a significant impact on not-for-profit (NFP) and other tax-exempt organizations. These changes will go into effect in 2009. Employers need to start planning now to ensure they will be able to meet the new compliance requirements by the end of 2008.

Seminar Highlights:

• New plan requirements and rules
• 5500 reporting requirement changes for 2009
• Mandatory audits for plans with more than 100 participants
• ERISA plan sponsor fiduciary responsibilities and vendor fee analysis

Featured Speakers:

Marcia L. Mueller, Attorney, Partner, Hinshaw & Culberston LLP, concentrates her practice in the areas of estate planning, tax qualified retirement benefit plans governed by ERISA, nonqualified deferred compensation plans, tax-related matters and financial planning projects. From 1978–1995, she served as a trust officer administering a variety of qualified retirement plans, including ESOPs, 401(k) Plans, other Defined Contribution Plans, Defined Benefit Plans, IRAs, as well as personal trusts and estates. Since joining Hinshaw in 1995, Ms. Mueller has utilized her expertise in employee benefits trust administration by counseling plan sponsors and trustees with regard to plan qualification and trust administration issues.

Brian L. Kobischka, CPA, CVA, Partner, Sikich LLP, has more than 30 years experience providing audit and accounting services to a diverse client base including manufacturers, not-for-profit organizations, entrepreneurial businesses and employee benefit plans. Brian also provides business valuation, litigation and general management consulting services.

Diana Jordan, AIFA, Pension Consultant, Sikich Retirement Plan Services LLC provides fiduciary and investment consulting services. She has provided consulting services to employee benefits plans for more than 7 years and holds the NASD Series 65 license. Diana is a frequent speaker on fiduciary topics and her articles and commentary appear in professional and business-orientated publications regularly.