News & Resources


Minimizing Plan Fiduciary Risk: Would You Rather Wear the Orange Jumpsuit or the Orange Vest?

Phoenix Office

Program Overview: Retirement and health plan fiduciaries have numerous duties they must satisfy and can face both personal and criminal liability for breaches of such fiduciary duties. With an ever-changing legal landscape that presents numerous compliance challenges, the increase in audit activity by the Internal Revenue Service and the U.S. Department of Labor, and the steady pace of litigation challenging fiduciary actions, it is critical for plan fiduciaries to be aware of and operate in accordance with their duties.

In this session, we will present a refresher course on the duties of plan fiduciaries and discuss lessons learned from recent government audits, including the IRS's list of most common compliance issues and audit priorities. After reviewing sample requests for information and documents that the IRS and DOL have sent to other plan sponsors, we will offer best practices that you can use to safeguard the interests of plan participants and help prevent your plan fiduciaries and your company from facing costly penalties and unnecessary litigation. By following these strategies, you will minimize your risk of wearing an orange jumpsuit and walk away with best practices to use as a safety vest.

Time: 12:00 - 1:30 p.m. (Mountain/AZ Time)

Who Should Attend? This seminar is designed for human resource and finance professionals, in-house counsel, benefit plan committee members and other interested corporate executives.

We will issue a Certificate of Attendance to Arizona attendees as the State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement.

If you are member of another jurisdiction that does not honor CLE credit from AZ, we will be happy to provide the materials needed in order for you to apply for CLE credit. Please contact Donna Key, our CLE Coordinator, at [email protected].

Questions? Please contact Nicole DePue at (602) 229-5275 or [email protected]