CPAR Taxes

Retirement Plans and Fiduciary Litigation

In general terms, a fiduciary is a person who owes a duty of care and trust to another and must act primarily for the benefit of the other in a particular activity. For retirement plans, the law defines the actions that result in fiduciary duties and the extent of those duties. Nowadays, it’s common to hear about companies that have, or are in the process of going through, fiduciary litigation. Steve Abramson, president of APS Pension and Financial Services, discusses what instigated the wide spread fiduciary litigation against plan sponsors and fiduciaries of 401(k) and 403(b) plans.

Learning Objectives:

  • Define fiduciary responsibilities,
  • Identify key issues surrounding fiduciary litigation,
  • Determine what considerations should be given when selecting a service provider, and
  • Differentiate between the types of ERISA fiduciaries and their responsibilities.

Prerequisites/Advanced Preparation:

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Speaker / Author:

Steve Abramson, President of APS Pension and Financial Services


Price (USD)

Standard: $69.90


Course Code : CPAR1470-FM

Release Date : 10/22/2020
Expire Date : 10/10/2021
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Taxes

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