- NY Credits : 6.0
- TX Credits : 3.0
- CTEC Credits : Federal Tax Law - 3.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 3.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 3.0
This interactive self-study course discusses ERISA and certain tax requirements that apply to audits of employee benefit plans. Lesson 1 takes a look at ERISA and tax requirements for plan design and operation, as well as fiduciary responsibilities. Lesson 2 discusses required disclosures to plan participants; required reporting to the DOL, IRS, and PBGC; plan termination, reportable events, and reversion; unrelated business income; and options for correcting violations.
Course Expiration Date: May 31, 2021
Please note, the grading fee for answer sheets submitted by regular mail is $109.
Identify applicable ERISA and tax requirements for the design and operation of employee benefit plans.
Determine what entity is serving as the fiduciary and that entity's responsibilities for the employee benefit plan.
Identify the disclosures that employee benefit plans are required to make to their participants.
Determine what is required for proper reporting to the DOL, IRS, and PBGC.
Recognize appropriate methods for dealing with plan termination, reportable events, reversion, unrelated business income, and correcting violations.
ERISA and Tax Requirements and Fiduciary Responsibilities
Disclosures, Reporting, Termination, Unrelated Business Income, and Correcting Violations