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August 22, 2012
In This Issue

Register Now for NIPA's 2013 Business Management ConferenceBMC2013
Registration is now open for the only conference focused on the business aspects of running your TPA firm.

Position yourself for success by joining more than 100 of the nation's top TPA business owners at the 2013 Business Management Conference.


NIPA's 2013 Business Management Conference (BMC), January 12-14, 2013, will  provide insight into the evolution and lifecycle of successful TPA business management. Featuring high-impact keynotes 2013BMC_Vertical and peer-to-peer knowledge exchange, this one-of-a-kind event is an open forum for TPA business owners to examine the latest industry developments and challenges affecting your business and day-to-day work.

The 2013BMC will allow you to:
 

  • Network with fellow TPA business owners from around the country
  • Learn new ideas, strategies and best practices from industry thought-leaders
  • Identify ways to effectively drive growth and maximize efficiency within your firm  

Mark your calendar and start planning now to attend NIPA's 2013BMC this January. 


Register_New


Become a NIPA MemberMemberRenew
Join NIPA today to enjoy NIPA benefits and opportunities, including:
If you have any questions, or need more information about how to join online, contact NIPA Headquarters at 800.999.NIPA (6472). 

As an approved ERPA sponsor, NIPA live webcasts are worth two NIPA and two ERPA CPE credits each.

Creditor Protection of Retirement Assets
Wednesday, September 12, 2012

Clients frequently ask questions regarding the "safety" of funds held in a qualified retirement plan. This session will review the asset protection features and potential weaknesses of tax qualified retirement plans and IRAs.
Register today!

RMDs for a DB
Wednesday, September 26, 2012

Explore the trials and tribulations of required minimum distributions in defined benefit plans, including the many complexities of the calculations and subsequent distribution.
Register today!


View the full webcast schedule.

A Gift From NIPA: $99 Live WebcastMemberGift
Only available through August 31!

Register for the live webcast, Plan Designation Consideration for 2013, taking place on Wednesday, October 24 for the special rate of $99! That's a savings of $76 off the member rate! To take advantage of this special offer, join NIPA today!

With 2012 quickly coming to a close and the New Year just around the corner, now is the time to think about plan designs for the 2013 plan year. Join Aimee Nash and Christian Hofstadter of Wolters Kluwer for a valuable discussion of design options that will enhance your clients' retirement plans, including:
  • Adding safe harbor or auto enrollment features to 401(k) plans
  • Using early or dual eligibility provisions
  • Creative uses of matching contributions
  • Using cross-testing allocations
  • Maximizing forfeitures
  • Allocation condition considerations
  • Possible changes to the definitions of compensation
  • Timing of amendments and document type considerations
  • Required participant disclosures
  • Additional responsibilities required of the plan sponsor as a result of the amendment(s) 
Don't wait - this discount will only be available through August 31!  

 

If you have any questions, contact NIPA Headquarters at 800.999.NIPA (6472).  

408(b)(2) and Plan SponsorsArticle
By Fred Reish, Partner/Chair, Fiduciary Services ERISA Team at Drinker Biddle & Reath LLP

My law firm recently published a bulletin about the responsibilities of plan sponsors, as the "responsible plan fiduciaries," for reviewing the 408(b)(2) disclosures of covered service providers. 

While many plan sponsors and almost all advisers understand that fiduciaries must evaluate the compensation of service providers to ensure that it is reasonable, there are other requirements that are less well understood. 

For example, there is a requirement that plan sponsors review the disclosures as soon as reasonable to determine whether they have received disclosures from all of the covered service providers and whether the disclosures are complete (that is, whether they include all of the required information). And it appears that at least part of the review needs to be done by the end of August. 

Calendar of Events
TPA Business Owner Resources

401(k) Sales Champion Workshop

 

Quarterly Qualified Plan Update

 

Errors & Omission (E&O) Insurance 

Experience NIPA for Free!
Spend a few minutes sharing the benefits of NIPA with a colleague, and invite them to join for 90 days for free with promo code TRIALMEMBER

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