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View More American Society of Pension Professionals & Actuaries [ASPPA] Webcasts and Conferences

The St. Valentine's Day Loan Massacre: When Good Loans Go Bad

American Society of Pension Professionals & Actuaries [ASPPA]

Feb. 14, 2019
Recorded Online
Webcast

Participant loans are a necessary evil for retirement plans. When operated correctly, loans can encourage participants to participate in the plan. When loans go wrong, they go very, very wrong, and can cause the plan sponsor to face all sorts of legal complications and financial liabilities. It is important to understand all of the ways loans can violate both the IRS and DOL rules, so you can avoid the problems and help correct them when a failure occurs.

Learning Objectives:

  • Master the basic requirements for compliant participant loans
  • Determine ways that participant loans can go very wrong
  • Evaluate the best correction options available

Speaker: Alison J. Cohen, J.D., CPC, Partner, Ferenczy Benefits Law Center

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