Designing Qualified Plans to Meet Employer Objectives

Designing Qualified Plans to Meet Employer Objectives

Designing Qualified Plans to Meet Employer Objectives introduces students to the elements of qualified plan design to meet the needs of business owners, emphasizing small company plans, i.e., plans for employers with fewer than 25 employees. The course begins with a discussion of the characteristics of various types of plans. The focus then changes to an examination of the principal areas employers and advisers need to address to identify the appropriate plan:

  1. What the plan should accomplish for the company
  2. Who the plan should favor
  3. How much can be allocated to pay for the plan

It considers how to identify employer objectives and the strategies for addressing conflicting objectives. The course concludes by matching common employer objectives with appropriate qualified plans.

When the course is completed, the student should be able to:

  • Recognize the basis of suitable qualified plan recommendations
  • List the benefits that employers normally seek by establishing qualified plans
  • Describe ways that plan design may differ for employers based on their size
  • Identify the basic characteristics of qualified plans
  • Determine how qualified plans meet specific employer needs
  • Recognize the modifications to basic plans that can help qualified plan sponsors achieve their goals

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