8/19 WEBINAR: 2020 Retirement Plan Update – COVID-19 Edition

taradavis@harriscpas.com

Join us for our next webinar with a special guest presentation from our colleague at Holland & Hart, Ben Gibbons. In this presentation, Ben will discuss the latest retirement plan-related COVID-19 guidance and how it impacts plan sponsors and their retirement plans. Ben Gibbons is an associate at Holland & Hart and counsels employers on a broad range of qualified retirement …

What Plan Sponsors Need to Know About Layoffs and Partial Plan Terminations

Based on IRS rules, a partial plan termination can occur if approximately 20 percent or more of plan participants are terminated by the plan sponsor as a result of an action, such as a plant closure, a decision to downsize, or the termination of a product line. The reduction can accumulate over one or more plan years and still be classified as a partial termination.