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

Plan Freezing and Terminations

American Society of Pension Professionals & Actuaries [ASPPA]

Mar. 24, 2021
Recorded Online

Plan sponsors may find it necessary to terminate a retirement plan due to a business closure, merger and/or acquisition, implementation of a new plan, etc. Plan participants must be notified about the plan freeze / termination, amendments must be adopted, distributions must be made, PBGC forms filed, etc. It is important to know what these time-consuming and complicated procedures entail because one mistake can trigger numerous headaches and, potentially, penalties.

Learning Objectives:

  • Identify participant communications and other documentation that are necessary to effect a plan termination.
  • Ensure your ability to guide a client through a freeze or a termination.
  • Avoid common pitfalls that can hinder or prevent implementation of a successful termination.

Speaker:  Kelsey N.H. Mayo, J.D., Lead Partner, Employee Benefits Group, Poyner Spruill LLP

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