Plan Loans Training & Certification Program
Online Course: ID# 1003394
Price: $799.00
Qty:
About This Course:
Understand The Requirements For Making And Administering Plan LoansThis course provides an overview of the rules that apply to participant loans under qualified plans (including 403(b) plans).
It will help you understand these rules, and includes numerous tips, examples, and procedural recommendations that are interspersed with interactive Q and A sessions to help your learn quickly and easily. And its "Bookmark" feature also lets you learn at your own pace, and gives you the ability to review previously completed material.
What You'll Learn:Upon completion of this course, you will be able to:
- Identify the purposes for which a participant loan may be made
- Determine the maximum loan amount
- Describe how to apply loan repayments
- Identify the requirements that must be satisfied in order for a participant loan to avoid being a prohibited transaction
- Identify the requirements that must be satisfied in order for a participant loan to avoid being treated as a taxable distribution
- Describe the deemed distribution rules
- Describe various participant loan issues and how to correct them
About The Plan Loans Training &Certification ProgramThis course is sold as an annual subscription with four components: the training course itself; access to all training materials as a resource for one full year; free updates whenever the laws change, and; a Certified Administrator designation. Access to resource materials, free updates, and a new Certificate are available for subsequent years for a low renewal fee of $99 per year.
Top FAQs
In addition to ensuring that employees are paid correctly and on time, "Payroll" has numerous time and reporting requirements. The primary payroll areas include paychecks, reporting, operations, and management.
Payroll is much more than just handing out paychecks, and includes a variety of responsibilities such as handling garnishments, travel pay, multi-state taxation, unclaimed paychecks, and much more in a timely and accurate fashion.
In business since the mid-1990's, we have over 25 years of experience delivering high-quality training content via seminar, webinar, online, and other formats. Each of our courses are delivered by an industry expert who will share his or her years of experience to help you be in compliance, smarter, and more productive, and almost all offer SHRM and HRCI credits.
Payroll Administrators must be able to:
- Properly "classify" workers
- Apply the various exemptions
- Calculate gross pay and properly make deductions
- Correctly identify, pay, and withhold taxes for employees
- Administer deferred compensation, cafeteria plan, sick pay, and other compensation
- Handle stock options, expense reimbursements, relocation, and other "expenses"
- Follow the proper policies, procedures, and documentation requirements for garnishments and levies
- Properly complete and file all required reporting requirements
- Correctly complete year-end requirements and establish year-beginning requirements
- Implement and maintain fraud, audit, disaster recovery, and record retention processes and procedures
While many payroll-related regulations are federally-governed, there also are many state requirements, including those for handling garnishment, final paychecks, and unclaimed paychecks. Each state's requirements differ in the details, so be sure to check your state's requirements by clicking the applicable link(s) at the bottom of this page.
Continuing Education Credits:
Click the 'Credits' tab above for information on PHR/SPHR, PDCs, and other CE credits offered by taking this course.
View Applicable DiscountsQty: 2 - Qty: 5
$20.00
$779.00
Qty: 6 - Qty: 10
$60.00
$739.00
