We Adopted a Plan Under the SECURE 2.0 Act Rules - What Does that Mean?

Webinars May 22, 2025 9:30 am PT

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Continuing Education Credit Offered: CPE, Generic, ASPPA

This session will review formation of an ESOP under SECURE 2.0, including the timing of contributions, regulatory filings, and participant statement generation. The presenters will also review the most common questions as well as the impact of the process on compliance testing.

Learning Objectives:

1. Obtain a general understanding of how a plan adopted under the SECURE 2.0 Act works.

2. Explore the different approaches taken by plan sponsors and the allocation/reporting of the first year ESOP contribution.

3. Become knowledgeable about the compliance tests which are most commonly affected by SECURE 2.0 plans.

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Presenters

Barbara M. Clough

Barbara Clough is a Vice President at Blue Ridge Associates. Barbara has a deep understanding of the complexities involved in ESOP administration, her technical expertise includes navigating tricky administration and compliance issues. As an ERISA expert, she ensures adherence to Code Section compliance and provides strategic guidance to clients on plan design, legal matters, and IRS & DOL inquiries.

Accolades include: past Chairwoman of the Administration Advisory Committee, frequent speaker, author, Executive Committee member of the ESOP Association’s Public Policy Council and Vice President of Advocacy for the ESOP Association’s New England Chapter.

Scott J. Freund

Scott has more than 23 years of experience providing administration and consulting advice to ESOP clients. Scott is a member of the ESOP Association's Administration Advisory Committee and is a frequent speaker on ESOP administration topics for both the ESOP Association and the NCEO. He has extensive experience with ERISA law, Department of Labor regulations and IRS code compliance. He has worked closely with plan sponsors, accountants, advisors, and legal counsel to provide guidance on plan design and to resolve plan issues such as compliance matters and audit discrepancies.

Webinar Details

Webinar Slides

Presenters

Barbara M. Clough

Scott J. Freund

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