EBP2148. Successful Strategies for How to Get Money Out of a Plan

During this session we will provide an in-depth look at retirement plan loans and distributions including the tax ramifications, the documentation a plan sponsor must retain, and common distribution errors found in practice. We will also discuss technical updates affecting plan loans and distributions.

Learning Objectives:

• Recognize the various types of retirement plan distributions and analyze the tax ramifications
• Identify the records that plan sponsors should maintain and understand the rules for locating missing participants
• Explore the effects of recent legislation, including the SECURE Act and CARES Act, on retirement plan distributions
• Recognize common distribution errors and how to respond