Changing ERISA's Disqualified Person Criterion
Live Webcast Replay

Changing ERISA's Disqualified Person Criterion


Total Credits: 2 including 2 Taxes - Technical

Average Rating:
  4.1   (0 comments)
Category:
ACPEN Industry Institute |  ACPEN Tax Institute |  IRS Approved |  Tax
Faculty :
David Randall Jenkins, Ph.D.
Course Levels:
Intermediate
Duration:
2 Hours
License:
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.

Description

The Employee Retirement Income Security Act of 1974 invested the Secretaries of Labor and Treasury with the power to change ERISA’s disqualified person criterion to something less than fifty percent. The economic significance of such legislative regulatory empowerment has yet to be addressed in the retirement plan literature. This webcast fills that void.

 

Syllabus

 

Lesson 1.

Introduction

Lesson 2.

The Disqualified Person Criterion

Lesson 3.

Private Foundation Lessons

Lesson 4

Reducing the Criterion

Lesson 5.

Who’s Better Off Versus Worse Off   

Lesson 6

Forestalling Executive Action

Lesson 7

Conclusion

 

**This course is approved by the IRS. The submission of a completed request form, found under the materials tab, is required for credit.

Basic Course Information

Learning Objectives *Recognize how to correctly comply with Congress’s Section 4975 impounded management and investment risk diversification policy requirements *Recognize correctly why private foundation risk diversification risk diversification policy requirements are more stringent than retirement plan risk diversification policy requirements *Recognize correctly the economic consequences of reducing the Section 4975(e)(2)(G) disqualified person criterion is to require higher and higher levels of risk diversification *Recognize correctly continual reduction in the Section 4975(e)(2)(G) disqualified person criterion eventually leads to a requirement that policy compliant risk diversification is defined by public securities portfolio risk diversification *Recognize correctly continual reduction in the Section 4975(e)(2)(G) disqualified person criterion favors the ICMC because it protects existing money supply pressures or creates higher money supply pressures on capital market securities *Recognize correctly Section 4975 impounded management and investment risk diversification policy compliance is the best defense against executive action to reduce the Section 4975(e)(2)(G) disqualified person criterion
Major Subjects *Allocation of responsibilities between DOL and IRS pursuant to Section 105 of Reorganization Plan No. 4 of 1978 *Either the Secretary of Labor or the Secretary of the Treasury has the right, power, and authority to change the Section 4975(e)(2)(G) disqualified person criterion to less than 50 percent *Section 4975(e)(2)(G) disqualified person criterion implications for Congress’s retirement plan management and investment risk diversification policies *General and specific Section 4975 prohibited transaction proscriptions Private foundation management and investment risk diversification policy requirements *Economic efficient reduction in the Section 4975(e)(2)(G) disqualified person criteria *Who becomes better off versus who becomes worse off by a reduction in the Section 4975(e)(2)(G) disqualified person criterion *The role of the Informal Capital Market Cartel in influencing the legislative empowerment to change the 50 percent disqualified person criterion *Measures to take to avoid a legislative rule change in the Section 4975(e)(2)(G) disqualified person criterion

Course Materials

Faculty

David Randall Jenkins, Ph.D. Related seminars and products: 21


David Randall Jenkins, Ph.D., received his doctorate in accounting and a master’s in accounting with an emphasis in tax from the University of Arizona. He has taught financial, managerial, and tax accounting courses at both the graduate and undergraduate levels. Dr. Jenkins is an AACSB academically qualified business school and tax professor owing to his peer reviewed journal article publications. His company, Algorithm LLC (algorithm-llc.com), is an IRS Approved Continuing Education Provider.  Dr. Jenkins may be contacted at tucjenkins@aol.com.


Dates

Mon, Sep 10, 2018 - 09:00a to 11:00a EDT
Thu, Sep 20, 2018 - 11:00a to 01:00p EDT
Tue, Oct 02, 2018 - 01:00p to 03:00p EDT
Thu, Oct 18, 2018 - 03:00p to 05:00p EDT
Mon, Nov 05, 2018 - 10:00a to 12:00p EST
Mon, Nov 19, 2018 - 12:00p to 02:00p EST
Sat, Dec 01, 2018 - 02:00p to 04:00p EST
Wed, Dec 19, 2018 - 04:00p to 06:00p EST

Additional Info

Basic Course Information

Prerequisites This webcast is an intermediate continuing education webcast. It is assumed the webcast participant has achieved the following related webcasts in advance of this webcast: *Retirement Plan Management and Investment Risk Diversification Standards *Management and Investment Risk Diversification Indices *Prohibited Transaction Chinese Walls *Problematic Self-Directed Retirement Plan Activities
Advanced Preparation Review the Course Materials
Designed For *CPAs *Attorneys *Enrolled Agents *Enrolled Retirement Plan Agents *Self-directed Retirement Plan Fiduciaries, Custodians, and Administrators *Self-directed Retirement Plan Account Holders
Original Recording Date 04/26/2016
Yellow Book No
Course Developer David Randall Jenkins, Ph.D.
Date Added to Catalog 04/13/2016

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Course Registration Requirements

Online Registration


Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

Reviews

5
4
3
2
1

Overall:     4.1

Total Reviews: 10

Please wait ...

Back to Top