This course presents an overview of U.S. regulatory requirements for employee benefits programs. It examines how federal regulations influence types of benefits plans including health and welfare plans, retirement plans, paid time off programs and IRC Section 125 & 129 plans. Attendees will learn administration and communication regulatory requirements for benefits plans.
Explore government’s influence on employee benefits plans.
Review legislation and regulations that affect retirement benefits.
Examine legislative and regulatory requirements for pay-for-time-not-worked programs.
Discuss relevant legislation that affects employee health and welfare benefits programs.
Examine the taxation of health and welfare benefits and required nondiscrimination tests.
Explore legal issues related to IRC Section 125 and Section 129 plans.
Examine communication and administration activities related to benefits programs
Experience a new way to learn! With 24/7 online access, Blended Learningprovides you with the flexibility and convenience of e-learning AND interaction with colleagues and subject matter experts as you'd experience in a traditional classroom.
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E-mail onsite@worldatwork.org or call 480-304-6980 to find out how you can bring this class to your location.
Legislative, Regulatory and Tax Environments for Retirement Benefits
Retirement terms
Employer-sponsored retirement plans
IRS and DOL guidance
EGTRRA
Pension Protection Act
ERISA Provisions
ERISA Section 404(c) regulations
Nondiscrimination requirements for retirement plans
ADP/ACP nondiscrimination tests
Tax issues – retirement plans
QDRO
Legislative and Regulatory Environments – Pay For Time Not Worked
Pay for time not worked
FLSA
FMLA
USERRA
Statutory requirements
Health and Welfare Benefits Legislation
Health and welfare benefits terms
Health and welfare benefits
ERISA
COBRA
HIPAA
Tax Relief and Healthcare Act of 2006
PPACA
Tax and Regulatory Environments for Health and Welfare Benefits
Tax and regulatory terms
Major health plan and insurance tax code sections
General tax advantages
Health Plans – tax treatment of employers
Nondiscrimination requirements for health and welfare plans
Nondiscrimination requirements for health plans
Group term life insurance
Accidental death and dismemberment
Disability income benefits
Long-term care
Withholding and reporting requirements
Financial accounting standards affecting health and welfare benefits
Regulatory Environments for Sections 125 and 129 Plans
Section 125 Terms
IRC Section 125 – cafeteria plans
Key provisions for Section 125 plans
Written plan requirements
Statutorily eligible benefits
Prohibited benefits
Additional legal considerations
Section 125 nondiscrimination rules
IRC Section 129 – dependent care assistance
Nondiscrimination rules for Section 129 plans
Administration and Communication Requirements for Benefits Plans
Adapting benefits plans to regulations
Communicating and reporting
Reporting to regulatory agencies
Who Should Register
This course contains U.S.-specific content designed specifically for benefits professionals who are new to the benefits field as well as for generalists or compensation specialists with limited exposure to the benefits function.
Please note: If you are purchasing an exam option, you must schedule and complete the computer-based exam within 120 days from the first day of a live instructor-led class or from date of purchase for all self-paced learning packages. Your eligibility expires after 120 days; however, 30-day exam extensions are available for a $150 USD fee when purchased before the original access expires. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt. Self-study materials and all e-learning product purchases are nonreturnable.
WorldatWork classroom locations offer e-course materials technology to participants. Your certification course materials (and BAII calculator, if applicable) will be available for pick up on site the day of the course. For two-day courses, you may access the e-course materials PDF two weeks prior to the course start date or upon registration if you register within two weeks of the course.
E-learning course purchasers now have the option of print or e-course materials. Those who choose the e-course materials option will receive the materials electronically for the length of your e-learning program. Those who choose the print version of the course materials will receive it 5-7 days after date of purchase. 30-day extensions of e-learning access are available for a fee if purchased before original access expires.
Blended Learning e-course materials can be found within the product and will be available for the length of the course.
Please visit www.worldatwork.org/seminars to download course material amendments, view class rosters and to find out what to bring to your class.
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Get the best of both worlds and more! Combining learning and study preferences, Blended Learningleverages independent e-learning and collaborative traditional classroom experiences with access to additional resources.
24/7 access provides greater convenience and flexibility
Class discussion board allows access to peers and subject matter expert
Study when time allows
Integration of group and independent study
No “out of office” time needed
No travel expense.
Components of Blended Learning
All Blended Learning classes include a class discussion board, other components available within Blended Learning will vary in order to deliver the best learning experience possible. Classes may include access to components such as:
Course Credits
