Overview:
Attendees will learn the options available to both parties regarding the disposition of their respective plans, and the potential compliance issues when plans are either merged or continued by a buyer that has their own plan. From the employees' perspective we will address the impact on existing benefits for employees of both companies.
Why you should Attend:
Attendees will learn the options available to both parties involved in a Merger or Acquisition regarding the disposition of their respective plans, and the potential compliance issues when plans are either merged or continued by a buyer that has their own plan. From the employees' perspective we will address the impact on existing benefits for employees of both companies. If you are involved in mergers or acquisitions as an advisor, an attorney or in any other capacity this is a must and is often overlooked to the disadvantage of the surviving entity in a merger or the buyer in an acquisition. Although an oversight can be corrected after the fact it is costly to do so and must involve the IRS and potentially the DOL. If too much time has elapsed the surviving plan(s) can be disqualified.
Areas Covered in the Session:
- Asset sale
- Stock sale
- Employees of the seller's plan
- Defects in the seller's plan
- Missing participants
- Disposition of seller's plan
- Merging seller's and buyer's plans
- Conflicting plan provisions
- Non-discrimination rules
- Underfunded/overfunded defined benefit plan
Who Will Benefit:
- Financial Advisors
- Attorneys
- Investment Advisors
- CPA's