The Employee Retirement Income Security Act of 1974 invested the Secretaries of Labor and Treasury with the power to change ERISA’s disqualified person criterion to something less than fifty percent. The economic significance of such legislative regulatory empowerment has yet to be addressed in the retirement plan literature. This webcast fills that void.
The Disqualified Person Criterion
Private Foundation Lessons
Reducing the Criterion
Who’s Better Off Versus Worse Off
Forestalling Executive Action
**This course is approved by the IRS. The submission of a completed request form, found under the materials tab, is required for credit.
Basic Course Information
*Recognize how to correctly comply with Congress’s Section 4975 impounded management and investment risk diversification policy requirements
*Recognize correctly why private foundation risk diversification risk diversification policy requirements are more stringent than retirement plan risk diversification policy requirements
*Recognize correctly the economic consequences of reducing the Section 4975(e)(2)(G) disqualified person criterion is to require higher and higher levels of risk diversification
*Recognize correctly continual reduction in the Section 4975(e)(2)(G) disqualified person criterion eventually leads to a requirement that policy compliant risk diversification is defined by public securities portfolio risk diversification
*Recognize correctly continual reduction in the Section 4975(e)(2)(G) disqualified person criterion favors the ICMC because it protects existing money supply pressures or creates higher money supply pressures on capital market securities
*Recognize correctly Section 4975 impounded management and investment risk diversification policy compliance is the best defense against executive action to reduce the Section 4975(e)(2)(G) disqualified person criterion
*Allocation of responsibilities between DOL and IRS pursuant to Section 105 of Reorganization Plan No. 4 of 1978
*Either the Secretary of Labor or the Secretary of the Treasury has the right, power, and authority to change the Section 4975(e)(2)(G) disqualified person criterion to less than 50 percent
*Section 4975(e)(2)(G) disqualified person criterion implications for Congress’s retirement plan management and investment risk diversification policies
*General and specific Section 4975 prohibited transaction proscriptions Private foundation management and investment risk diversification policy requirements
*Economic efficient reduction in the Section 4975(e)(2)(G) disqualified person criteria
*Who becomes better off versus who becomes worse off by a reduction in the Section 4975(e)(2)(G) disqualified person criterion
*The role of the Informal Capital Market Cartel in influencing the legislative empowerment to change the 50 percent disqualified person criterion
*Measures to take to avoid a legislative rule change in the Section 4975(e)(2)(G) disqualified person criterion
David Randall Jenkins, Ph.D., received his doctorate in accounting and a master’s in accounting with an emphasis in tax from the University of Arizona. He has taught financial, managerial, and tax accounting courses at both the graduate and undergraduate levels. Dr. Jenkins is an AACSB academically qualified business school and tax professor owing to his peer reviewed journal article publications. His company, Algorithm LLC (algorithm-llc.com), is an IRS Approved Continuing Education Provider. Dr. Jenkins may be contacted at firstname.lastname@example.org.
Basic Course Information
Original Recording Date
Date Added to Catalog
This webcast is an intermediate continuing education webcast.
It is assumed the webcast participant has achieved the following related webcasts in advance of this webcast:
*Retirement Plan Management and Investment Risk Diversification Standards
*Management and Investment Risk Diversification Indices
*Prohibited Transaction Chinese Walls
*Problematic Self-Directed Retirement Plan Activities
Review the Course Materials
*Enrolled Retirement Plan Agents
*Self-directed Retirement Plan Fiduciaries, Custodians, and Administrators
*Self-directed Retirement Plan Account Holders
David Randall Jenkins, Ph.D.
Instructional Delivery Method
Group Internet Based
Complaint Resolution Policy
Please contact Anne Taylor for any complaints. email@example.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
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Course Registration Requirements
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