NOTICE OF CHANGE FOR SEMINAR REGISTRATIONS:
To register for Relius Education seminars and conferences, please login or register for a new login account before proceeding. For more information, please see the Benefits of a Relius User Login Account. For assistance, please contact Client Services at 800-326-7235, and select Option 6.

Qualified Separate Line of Business (QSLOB) [2017]
Presentor: David Schultz Recorded Date: 7/6/2017 Duration: 60 Min.

Description
This program was recorded during a live presentation given on July 5, 2017 at 12:00PM EST.
*******************************************************************************

The Qualified Separate Line of Business (QSLOB) rules can allow employers to split its business into distinct entities for plan coverage and testing purposes In some instances, the QSLOB rules would benefit the employer’s objectives, but the requirements are complex and unfamiliar to most administrators and recordkeepers. This seminar will review the requirements associated with QSLOBs to assist practitioners in identifying situations in which QSLOBs can benefit plan operations, as well as to identify scenarios in which the rules are unlikely to be beneficial.

Topics include:

  • Definition of a "line of business"
  • Identifying separate lines of business
  • Determination if a SLOB is qualified
  • IRS Notice requirements
  • IRS QSLOB safe harbor requirements
  • Applying for an IRS ruling on QSLOB status
  • Coverage testing on a QSLOB basis
  • Nondiscrimination testing on a QSLOB basis
Prerequisites:

There are no prerequisites and no advance preparation required for this program. However, the instructor will assume that attendees have a general familiarity with related employer, coverage testing, and nondiscrimination testing concepts, and have one year of experience.

Level: Intermediate. Instructional Delivery Method
Group – Internet-Based

NASBA Field of Study: Taxes

Speaker: David Schultz, J.D.

Objectives: After attending this Web seminar, an attendee should be able to:

  • Identify whether an employer might qualify as a QSLOB
  • Determine whether a plan satisfies the QSLOB safe harbor
  • Explain the process for obtaining an IRS ruling on QSLOB status
  • Perform coverage and nondiscrimination testing on QSLOBs

All ownership and intellectual property rights in and relating to this website and all of its contents or any copies thereof, including but not limited to copyrights, logos, trademarks, service marks, design, text, videos, sound recordings, images, links, graphics, code, concepts and themes are owned by FIS and/or its subsidiaries (collectively "FIS") or used under authorized license by the FIS. Any recording, reproduction, transmission, distribution, publication, performance, broadcast, hyperlink, creation of derivative works or other use in whole or in part in any manner without the prior written consent of the FIS is expressly prohibited. Without the prior written consent of the FIS, you shall not insert a hyperlink to this website or any part thereof on any other website or "mirror" or frame this website, any part thereof, or any information or materials contained in this website on any other server, website or webpage.