Employee Retirement Plans: Compliance Changes Effective January 1, 2009 12-2008

Whether your employee retirement plan is a 401k, SEP-IRA, SIMPLE IRA, or 403b plan, your organization (not the plan provider) has compliance obligations that you are REQUIRED to meet under the 2006 Pension Protection Act.

Failure to comply with these new rules can result in PERSONAL LIABILITY to the plan's administrator(s), penalties administered by the IRS and/or Dept. of Labor, and the potential of lawsuits by employees.

Additional NEW rules take effect January 1, 2009 for 403b plans.

Come and learn about these largely unpublicized rules and obligations.

Presenters:

Neil Swain, CFC, of Structured Portfolio and one of the founders of the New Mexico Project for Financial Literacy.

Marta Nystrom, Certified Retirement Financial Adviser with Nystrom & Associates.