The course initiates a discussion of the strategic importance of retirement plan design in addressing an organization’s need to systematically replenish its workforce, as well as in competitively
rewarding its talent. The course provides context for
understanding retirement plan design by outlining the defined
contribution and defined benefit structures afforded preferential
tax treatment as qualified plans. While providing a
comprehensive overview of these structures, the course looks at which employer situations warrant use of various plan types and the compliance and operational issues that accompany use of these plans. In addition to commonly known plan types such
as 401(k)s and profit-sharing plans, other specialty types of plans are introduced that are relevant for rewarding executive talent, nonprofit employees and governmental workers. Key plan issues such as fee transparency, legal risks and encouraging plan participation are also addressed
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