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Richmond CPA Center
Hotel Rate & Booking
The Hyatt Place
Rate: $124/night + tax
Reservations: When making a reservation, be sure to mention the VSCPA in order to receive the special rate, based on availability. Book online or call (804) 747-9644. Be sure to request Virginia Society of CPAs' corporate ID #46855.
- Provide an update on the trends in employee benefits planning
- Clarify standards/law changes in health care and retirement plans
- Share best practices for human resources issues
Review the key components of the Affordable Care Act (ACA) and the impact they have had on health insurance markets. Discuss where we are now with efforts to change the ACA, as well as the long-term trends which are impacting health insurance delivery models today and in the future. Also, the issues driving rising health insurance costs and possible employer solutions; such as, consumerism and account based options — Health Savings Accounts and Health Reimbursement Accounts; alternate funding arrangements for employers — self-funding and captives; and narrow networks and alternative health care delivery models. The intent of this session is to refresh you on the impact of the ACA, discuss likely next steps for the law and consider what employers can do to maximize the positioning of their employee benefit plans.
Plan sponsors simply are not told about the responsibilities they have when sponsoring a retirement plan. Hear the war stories and responsibilities along with best practices you can use today. Walk away with tools and checklists to implement immediately. Through actual stories, you’ll find out why taking action now is not just a best practice, but can save you time and money when the U.S. Department of Labor (DOL) sends out a letter. Review a recent DOL letter as well as the results from current investigations.
Trends for investment advisors show that there is still a wide gap in how broker-dealers are guiding or mandating financial advisor service and fees. There is no transparency in the cost of recordkeeping and funds offered. Fee levelization is not yet standard practice. Court cases and Department of Labor investigations show that Plan Sponsors must have independent knowledge of these costs by benchmarking and Requests for Proposal or Requests for Information. This session will break down the fees and costs and compare products.
Sponsors of health and welfare benefit plans face a daunting challenge with making sure their plans and plan administration comply with the complex web of statutory and regulatory requirements. Discuss recent regulations and guidance regarding health and welfare plans and review important document and disclosure requirements.
Learn about trends seen by an employee benefit plan auditor, including not only the audit tools needed today to complete a 401(k) plan audit but also the use of certain plan provisions. Discuss the new hardship requirements along with some of the pitfalls seen in auditing plans that give insight into reasons why the Internal Revenue Service is targeting some of these focus points for their own plan audits. Also review the changes these plans have had with the legislation. Hear a preview of the new employee benefit plan audit standards coming out in 2020, recently approved by the Auditing Standards Board.
Hear from the experts about today’s top compliance conundrums and take away checklists and guidelines for the current best practices for managing the human resource part of your job. Go on a journey of compliance nightmares and find out how you can manage the risks of employing workers in today’s new and different workplace.
Learn all about Medicare and its impact on employee benefit decision making. Review decision-making factors including an employer’s group size and others that affect Medicare-eligible employees and their dependents. Gain a solid understanding of how to advise and support your clients or employees who are Medicare-eligible. Discover best practices to maximize an organization or individual’s situation, while minimizing issues with compliance and product transition. Review Traditional Medicare Supplements, Medicare Advantage Plans and Medicare Prescription Drug Plans.
Satisfy your 2019 Virginia Board of Accountancy (VBOA) Ethics requirement with this 2-hour, Virginia-specific Ethics course.
The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.