A 90-minute TeleConference/Live Audio Webcast
Thursday, November 29, 2007
1:00 pm - 2:30 pm ET / 12:00 pm - 1:30 pm CT / 11:00 am -12:30 pm MT / 10:00 am - 11:30 am PT
Moderator:
Martha N. Steinman, Dewey & LeBoeuf LLP, New York, NY
Panelists:
Kristen L. Zarenko, Senior Pension Law Specialist, Office of Regulations and Interpretations, Employee Benefits Security Administration, US Department of Labor, Washington, DC
Bill Evans, Attorney-Advisor, Office of Benefits Tax Counsel, US Department of the Treasury, Washington, DC
Erin Sweeney, Dickstein Shapiro LLP, Washington, DC
To enhance retirement savings, the Pension Protection Act included provisions designed to encourage employers to add automatic enrollment features to their 401(k) plans. In addition the PPA added 404(c) protection for plan fiduciaries who choose to offer default investments in individual account plans. Recently issued guidance provides detailed rules for use of these safe harbors. This program will feature presentations by some of the government representatives responsible for drafting the new rules and offer advice and best practices for complying.