Transcription of NONDISCRIMINATION TESTING - Dallas, TX - …
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Presents TRAPS FOR THE UNWARY Felicia A. Finston NONDISCRIMINATION TESTING Slide No. 2 Ensure plan does not discriminate in favor of highly compensated employees ( HCEs ) as to eligibility or benefits ( , same benefits must be provided to non-HCEs ( NHCEs )) Required as a condition of tax qualification Purpose of NONDISCRIMINATION TESTING Slide No. 3 Components of NONDISCRIMINATION TESTING ( NDT ) Common NDT Gotchas Safe Harbor Plan Designs Prior Year v. Current Year TESTING Leased Employee Coverage Issues Prototype v. Individually Designed Plans ROAD MAP Slide No. 4 Code and regulations Apply to all qualified plans Different tests for different purposes Terms of the plan document Employer specific Must comply with regulations Participant contribution data Components of NDT Slide No.
Presents TRAPS FOR THE UNWARY Felicia A. Finston ffinston@wifilawgroup.com NONDISCRIMINATION TESTING
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