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Session from the 2012 Enrolled Actuaries Meeting

601 - My Plan is Frozen

03/27/2012 - 4:00 – 5:30 PM
Session Category: Plan Design Issues
Credits: EA Core 1.80 CPD 1.80

The plan has been frozen for a number of years. Coverage has declined. Assets may have grown or have decreased. Was the plan frozen as a temporary cost-containment measure, or in anticipation of plan termination? The plan sponsor needs to develop a strategy to address short-term and long-term issues, including how to meet minimum funding and comply with the rules of IRC section 401(a)(26) (which may force unanticipated plan changes). The speakers address potential issues and possible strategies to avoid them.

Speakers:

1. Charles D. Cahill - P-Solve Cassidy
2. Ellen L. Kleinstuber - The Savitz Organization

More information about this event.