Gain a clear understanding of employee benefit plan compliance and strategies in addressing employee change in status events.
Whether it’s a termination of employment, change in employment status from full-time to part-time (or vice-a-verse), a change in status affecting welfare benefit plan coverage, or a leave of absence, there are a host of compliance items that employers must know and understand specific to their employee benefit plans. This course will discuss employee benefit plan compliance and strategies in addressing employee change in status events. Among the key topics that Jason will discuss include:
- Events that may trigger mid-year election change opportunities under a cafeteria plan
- Health plan coverage issues for various employee status changes/events
- Retirement plan coverage and distribution considerations
- Severance plan compliance and strategies
Attendees will walk away from this webinar with a better understanding of the employee benefits issues that need to be addressed in the event of an employee status change under their retirement and welfare benefit plans.
Learning Objectives
- You will be able to discuss severance agreement/plan considerations under the Internal Revenue Code, ERISA, Code Section 409A and COBRA.
- You will be able to identify employee benefit plan administration and compliance issues when an employee has a termination of employment, goes on a leave of absence, or changes from full-time to part-time status.
- You will be able to explain the events that may allow a participant to make health/dental/vision/FSA election changes mid-year.
- You will be able to recognize the importance of having a ‘team’ of well-coordinated employee benefit plan vendors and advisors assisting with your benefit plan administration.
Agenda
Section 125 Cafeteria Plans
- Health/Dental/Vision Coverage and Changes in Status
- Health FSA, DCAP and HSA Changes
- Addressing an Election Mistake
Additional Health Plan Considerations
- Administering Leaves of Absence
- COBRA
- HDHP/HSA Considerations
Retirement Plan Administration/Compliance
- Long-Term, Part-Time Employees
- Rehired Employees
- Plan Distributions
- Nonqualified Deferred Compensation Plans and Section 409A
Severance Plans
- ERISA or Not?
- Cash Compensation
- Employee Benefit Continuation Issues
Speakers
Jason A. Rothman,
Calfee, Halter & Griswold LLP- Partner at Calfee, Halter & Griswold LLP and member of Employee Benefits and Executive Compensation Practice Group
- Represents publicly traded companies, privately held businesses, and nonprofit organizations on all aspects of employee benefits and executive compensation law
- Recognized by Chambers and SuperLawyers in employee benefits law
- Sought-after speaker/presenter for numerous organizations, including the Ohio State Bar Association, SHRM, and Worldwide Employee Benefits Network
- Has been quoted/published in numerous publications, including the Washington Post, Plan Sponsor Magazine, Plan Advisor Magazine, Human Resource Executive, Employee Benefit Advisor, The Federal Lawyer, and SHRM
Who Should Attend
This live webinar is designed for human resource managers, benefits professionals, payroll managers, employee relations managers, and personnel directors.
