CFO and Controllers SIG - Cash Balance Plans 06/27/18
Please note a change in venue and time for this session.
Date: Wednesday, June 27, 2018
Time: Meeting 8 to 9 AM
One hour CPE available
Location: Womble Bond Dickinson, 8065 Leesburg Pike, 2nd Floor (Large Conference Room) Tysons, VA 22182 Thank you to Womble Bond Dickinson for providing the venue!
Many Business Owners and partners of firms are looking for larger tax deductions and accelerated retirement savings. Cash Balance plans may be the perfect solution for them.
Topic: Cash Balance Plans: What are they and how do they work.
A Cash Balance plan is a type of IRS qualified plan known as a “hybrid” plan. While technically a Defined Benefit plan, Cash Balance plans also provide numerous Combined Contribution plan benefits such the ability to roll a balance to an IRA and individual accounts. The key benefit to highly compensated employees is the ability to dramatically accelerate their tax advantaged retirement savings. We will explore how Cash Balance plans work, their relationship to other qualified plans as well as the costs associated with the plan.
Presenters:
Chad Stewart
Regional Vice President, John Hancock Retirement Plan Services
Bob Chin
Gorrelick Tievy Abacus
Based in Arlington, VA, Chad Stewart, Regional Vice President, Core Market, is responsible for sales and relationship development with financial representative and consultants in the Washington, DC area. Chad has acquired more than 10 years’ experience in the Financial Service Industry. He began with John Hancock in 2012 and has served as an Internal Sales Consultant, Strategic Relationship Manager, and Business Development Director before moving to his current role. Chad earned is BS in Psychology from the University of Georgia. In his free time, he enjoys hiking with his greyhound, running, and watching University of Georgia football. Location: Womble Bond Dickinson 8065 Leesburg Pike Tysons, VA 22182
Member Only Special Event - An Afternoon with Federal Reserve President Bostic 07/13/18
Town hall open Q&A format and reception with President and CEO of the Federal Reserve Bank of Atlanta, Dr. Raphael W. Bostic.
Your Northern Chapter of the VSCPA invites its members to mark July 13 on their calendar for a special networking event featuring Dr. Raphael Bostic, who is one of the few presidential appointees selected by both Republican and Democratic presidents. Dr. Bostic was appointed by President Trump and currently serves as President of the Federal Reserve Bank of Atlanta, having previously served under President Obama as the assistant secretary for policy development at the Department of Housing and Urban Development. Prior to that appointment, he was an economist for the Federal Reserve Board of Governors for five years, before chairing the University of Southern California’s Department on Governance, Management and Policy also for five years. He earned his Doctorate (economics) at Stanford University after a Bachelor of Arts from Harvard, with a double major in economics and psychology.
Mr. Bostic is making a special and unscripted appearance during which he will be answering our questions about the economy, real estate, public policy, interest rates, GDP, GNP, and anything else in his areas of expertise of which there are many.
Note: this is a special "Members Only" event which qualifies for 1 CPE. Registration will be open only to Members of the Northern Chapter VSCPA. Not a member? Please visit www.ncvscpa.org to join.
Registration open 11am
Town Hall 11:30-12:30
Networking reception 12:30-1:30, light luncheon provided
Location: UVA Northern Virginia Center (Falls Church) 7054 Haycock Road Falls Church, VA 22043
Registration ends on July 11, 2018 There are currently 52 spots remaining out of 80