Determination Letters, PBGC Audits, and Use of Residual Assets

Wednesday, August 7, 2024
12:00 PM - 01:00 PM Eastern Daylight Time

Join us to hear from Morgan Lewis lawyers on recent developments in defined benefit plan termination activities relating to determination letters, PBGC audits, and the use of residual assets.

Topics will include:

  • Overview of determination letter process, types of information and data required, and types of follow-up requests made by the IRS
  • Overview of PBGC audits, types of information and data provided in initial production, types of follow-up requests made by PBGC, and types of issues identified
  • How to ensure that assets are spent down in order for a plan to be fully terminated, making sure Form 5500 is filed until that has occurred, deadlines, and qualified replacement plans where the plan is still overfunded after all benefits have been paid and expensed

CLE credit: CLE credit in CA, FL, IL, NJ (via reciprocity), NY, PA, TX, and VA is currently pending approval.