Avoiding Retirement Plan Pitfalls

July 3, 2008 (PLANSPONSOR.com) - If you have a problem with your retirement plan - or are just worried that you might have - the Internal Revenue Service has a free web cast for you.

Few issues are as important to the owner of a business and its employees as the proper administration of its retirement plans. And to help you ensure that your plan is up to par, the Internal Revenue Service’s Tax Talk Today program on Tuesday, July 8, 2008 at 2 p.m. features a free one-hour Web cast on “Retirement Plan Pitfalls.”

The program will help you learn how to use the IRS Fix-It Guides to identify and correct frequently encountered errors the IRS sees in retirement plans. These correction programs help retirement plans operate within the law and protect participant benefits – and they provide “real incentives to identify and correct mistakes sooner rather than later,” according to the IRS. In addition, the IRS program will provide tips on how these mistakes can be avoided in the future.

Moderated by Les Witmer, the show’s panel of experts includes:

  • Avaneesh Bhagat, IRS, Program Coordinator, Employee Plans Voluntary Compliance;
  • Dan Morgan, Partner Dickstein Shapiro, LLP;
  • Thomas G. Schendt, Partner, Alston & Bird LLP; and
  • Monika Templeman, IRS, Director, Employee Plans Examination.

Tax Talk Today is a Web cast aimed at educating tax and payroll professionals on the most current and complex tax issues. Tax professionals are encouraged to watch and submit questions.

You can register online to access the Web cast at no charge at http://www.taxtalktoday.tv/