SIMPLE Plans & SIMPLE IRAs Recorded Webinar

This discussion includes the establishment and amending of SIMPLE Plans and SIMPLE IRAs. See how the employer and employee requirements are different from SEPs. There will be line-by-line review of the IRS Model SIMPLE IRA Plan. See how third-party vendors are still reporting SIMPLE IRA contributions incorrectly, making the SIMPLE-IRA Custodians/Trustees subject to IRS penalties.

Learn what restrictions can be placed by the employer and
how that affects the financial institution.

Includes the establishment and amending of SIMPLE plans & SIMPLE IRAs, employer and employee requirements, and all custodian/trustee requirements, including:


What is a SIMPLE Plan ?
Custodian/Trustee Role
Establishing a SIMPLE Plan
When is a Prototype SIMPLE Plan Required and/or Useful ?
Who can Establish a SIMPLE Plan ?
When can the IRS Model Documents be used ?
What are the Tax Benefits ?
What are the Employer Due Dates ?
How is a Financial Institution Designated by the Employee ?
How is the SIMPLE Plan Application Completed ?
Line-by-Line Review
What is the Difference Between Matching and Non-Elective Employer Contributions ?
When are Contributions Deposited ?
New IRS/DOL Enforcement
What Restrictions are Allowed by the Employer ?
How do Restrictions Affect the SIMPLE IRA Custodian/Trustee ?
How do Employees Establish SIMPLE IRAs ?
Line-by-Line Review
What Disclosures are Required for the Employee ?
What Disclosures are Required for the Custodian/Trustee ?
How is the Employee Matching Contribution Calculated ?
When Can an Employer Terminate a SIMPLE Plan ?
What are the SIMPLE IRA Custodian/Trustee's Reporting Requirements ?
What are the Employee Deferral Limits ?