Defined Contribution Plans
The eLearning course on Defined Contribution Plans, offered by the International Foundation of Employee Benefit Plans, provides a comprehensive overview of these flexible retirement savings options. Designed for plan sponsors and HR professionals, the course covers critical topics including contribution limits, types of plans (such as 401(k), ESOPs, and SIMPLE), tax deductions, and vesting requirements. It also explores investment risks and participant-directed plans. With a focus on understanding plan structures and managing distributions, this course equips participants to design and administer effective retirement solutions. It’s a valuable resource for professionals seeking in-depth knowledge of defined contribution plans.
Topics Covered
- Introduction to Defined Contribution Plans
- Types of Defined Contribution Plans
- Contributions to Defined Contribution Plans
- Vesting and Eligibility Rules
- Investment Options and Risk
- Plan Administration and Fiduciary Responsibilities
- Distributions and Withdrawals
- Regulatory and Compliance Requirements
Course Outline
Introduction
- Retirement Plan Options for Plan Sponsors
Estimated time to complete: 5 minutes
Basic Rules Governing Defined Contribution Plans
- Treatment of Plan Assets
- Annual Contribution Limit
- Annual Compensation Limit
- Tax Deductibility
- Vesting and Forfeitures
- Required Minimum Distributions (RMDs)
- Distribution Types
Estimated time to complete: 15 minutes
Types of Defined Contribution Plans
- Profit-Sharing Plans
- 401(k) Plans
- 403(b) Plans
- 457 Plans
- Employee Stock Ownership Plans (ESOPs)
- Leveraged ESOPs
- Money Purchase Pension Plans
- Individual Retirement Accounts (IRAs)
- Simplified Employee Pension (SEP) Plans
- Savings Incentive Match Plan for Employees (SIMPLE Plans)
Estimated time to complete: 20 minutes
Defined Contribution Plan Investments and Costs
- Investment Risk
- Participant-Directed Investments
- Plan Costs
Estimated time to complete: 10 minutes
Preretirement Distributions From Defined Contribution Plans
- Loans
- In-Service Distributions
- Two-Year/Five-Year Rule
- Distribution of After-Tax Contributions
- Qualified Domestic Relations Orders (QDROs)
Estimated time to complete: 15 minutes
NOTE: The estimated time to complete each lesson is based on word count and assumes uninterrupted consumption of the course. Actual time to complete each lesson can vary widely based on familiarity with the topics and other factors. Time required to complete the course final exam is not counted in these estimates.
Course Applies To
Questions?
Contact us at (888) 334-3327, option 3 or [email protected].
Why Choose E-Learning?
Self-Paced
Navigate the course at a pace that fits your learning style.
Convenient
Learn on your schedule—without the inconvenience of time away from the office.
Expert-Created Content
Take a deep-dive into a topic with content developed by industry leaders.
Cost-Effective
Save when you choose affordably-priced training with no additional travel costs.