3-A-3 - Funding Strategies, Minimum Requirements, Opportunities, and Pitfalls
Qualified single employer plans must meet minimum funding requirements including in some cases quarterly deposits and potentially even liquidity shortfall contributions. Panelists cover the key elements of minimum required contributions, such as annual amounts, quarterly deposits, voluntary/mandatory/automatic credit balance elections, and liquidity shortfall contributions. In the process, speakers present strategies to mitigate these challenges, as well as discuss opportunities to accelerate or characterize contributions to reduce plan costs like PBGC premiums or to minimize other administrative burdens such as benefit restrictions.
Speakers:
Bruce Cadenhead
Mercer
Michael Antoine
Gallagher