AICPA Employee Benefit Plan (EBP) Fundamentals
Available Until
Self-study
10.00 Credits
Member Price $239.00
Non-Member Price $309.00
Overview
This course explores the fundamentals of life insurance and how to manage life policies for high-net-worth clients. Starting with an overview of major life insurance terminology and policy types, the presentation dives into best practices on how to maintain a policy. It includes essential questions to discuss with your client, guidance on how and when to implement policy reviews, strategies for monitoring a policy, and different approaches to take if your client gets declined or wishes to sell their policy. CPAs will take away important lessons on integrating discussions of life insurance policies with their high-net-worth clients.
Highlights
- ERISA's role and impact
- Key features of 401(k) plans
- Roles and responsibilities in 401(k) plans
- Governing documents
- Contributions, loans, and investments
- Distributions, expenses, and fee arrangements
- Financial reporting requirements
- Regulatory reporting and compliance
Objectives
- Recognize the purpose and impact of ERISA on employee benefit plan audits
- Identify the key features of 401(k) plans
- Distinguish between the key parties and their roles and responsibilities in 401(k) plans
- Identify the importance of the plan document for 401(k) plans
- Recognize distributions, expenses, and fee arrangements in 401(k) plans
- Identify financial reporting requirements in 401(k) plan audit
- Recall regulatory reporting and compliance obligations in 401(k) plan audits.
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.
Non-Member Price $309.00
Member Price $239.00