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Retirement Plan Professionals Gather at 2013NAFE  | |
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The 2013 NIPA Annual Forum & Expo (2013NAFE) held at The Cosmopolitan of Las Vegas, brought together retirement plan professionals for four days of education, networking and fun.
During the four days, attendees heard from three general session speakers, participated in more than 30 breakout sessions, and engaged in advanced roundtable discussions on a variety of current industry topics. Evening activities provided opportunities for attendees to network with peers and partners, including a Night on the Town to see the Zarkana by Cirque du Soleil.
In addition, NIPA recognized Lucian B. Acuff, ASA, MAAA Founder, Principal and Chairman of Acuff & Associates, with the NIPA Lifetime Achievement Award for his extraordinary contributions to the association and industry over the course of many years. Watch Acuff's acceptance speech.
Thank you to everyone who attended and contributed to make the 2013NAFE a successful event. Plan to join us next year at the 2014NAFE, April 27-30, 2014 at The Cosmopolitan of Las Vegas.
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First 2013NAFE Virtual Conference a Resounding Success | |
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The 2013 NIPA Annual Forum & Expo (2013NAFE) Virtual Conference took place April 28-April 30 and hosted nearly 100 TPA business owners and retirement plan professionals.
Presented alongside the in-person NAFE, the virtual conference featured live streaming audio and video for the three general sessions and nine education breakout sessions.
Attendees were able to access presentations and slide decks online and and participate in question and answer sessions with the presenters from their desks. In addition, attendees were able to download the 2013NAFE conference mobile app, granting them access to an exhibitor listing, exhibitor promotional materials, award information, educational resources and more.
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Upcoming Webcast | |
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Don't forget NIPA has a new $99 member rate* for all NIPA live and recorded webcasts! This new reduced rate will allow even more staff to attend additional webcasts throughout the year. Check out this upcoming May webcast, offering 2 ERPA and 2 NIPA CPE credits:
Fee Disclosure - One Year Later
Thursday, May 16, 2013
11:00 a.m. - 12:40 p.m. CT
Now that employers and employees have fee disclosures, what has happened? For many, it is not the end of the world, but there are some trends emerging from the data and questions that are being asked.
Register now at the new $99 member rate!
*Non-members can register at a new $199 non-member rate.
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Content is King: Never Lack the Tools to Connect with Customers | |
| | Customer Marketing Tools are a new TPA Business Owner members-only resource that will position your firm as the go-to source for industry trends and retirement plan insight. Educate, provide value and earn credibility among your customer base by taking advantage of these tools.
Customer Marketing Tools feature designed templates and expert-driven content that provides TPA business owners with a robust set of tools to enhance plan knowledge for advisors and plan sponsors. Customize the templates with your company information and use the content across multiple media platforms, such as email, social media and printed newsletters.
To learn more about becoming a TPA Business Owner member and how you can access exclusive resources like the NIPA Customer Marketing Tools, contact NIPA Headquarters or call 800.999.NIPA (6472).
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This month, NIPA is offering a free 100-minute webcast recording.
Choose one webcast recording and join NIPA today to take advantage of this member benefit.
Don't wait - this discount will only be available through May 31!
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The Latest Q&A's for TPAs | |
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Q: A DB plan terminates with excess assets. The employer transfers the excess DB plan assets to a qualified replacement plan, which is a 401(k) plan.
Can the transferred assets be used to reduce future matching contributions? Can they be used to pay plan expenses?
A: No, and no.
Section 1.401(m)-1(a)(2)(iii) of the Regulations provides generally that employer contributions are not matching contributions if they are contributed before the cash or deferred election is made or before the employees' performance of services with respect to which the elective deferrals are made. So the transferred assets cannot be used to reduce future matching contributions.
Under IRC section 4980(d)(2)(C), the transferred amounts must either be "allocated under the plan to the accounts of participants in the plan year in which the transfer occurs, or...credited to a suspense account and allocated from such account to accounts of participants no less rapidly than ratably over the 7-plan-year period beginning with the year of the transfer." Therefore, these assets cannot be used to pay plan expenses.
Read more Q&As for TPAs
TAG is a technical support service that offers answers to pension questions via e-mail. TAG subscribers have access to an extensive Web site with a full array of links to primary source materials, a database of over 4,000 FAQs asked by pension professionals, tools and much more. Subscribers also receive daily updates on breaking news in the industry. TAG is part of Wolters Kluwer Law & Business, which includes CCH, Aspen Publishers, and FTWilliam.com. |
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