Pension Reform 2006 and the Impact on 401(k)s Web Conference

The recently enacted Pension Protection Act and its impact on benefit administration is the topic for discussion in this upcoming Xtalks web conference Pension Reform 2006 and the Impact on 401(k)s.

(PRWeb) November 20, 2006 -- Pension Reform 2006 and the Impact on 401(k)s Web Conference will take place on December 5, 2006.

In this Xtalks web conference, Gloria Bowden, Senior Tax Counsel, Coca-Cola and Robert Smart, Founder, RetiermentSmarts.com discuss the recently enacted Pension Protection Act and its impact on benefit administration.

In August 2006, President Bush signed the Pension Protection Act, looking to bolster retirement savings. The legislation strongly encourages automatic enrollment in a company's 401(k) plan to all eligible employees and to automatically increase annual contributions. It also allows investment advice to be given by the plan provider.

The changes affecting 401(k) and other defined contribution plans are: automatic 401(k) plan enrollment, automatic escalation of contributions with 3 percent of compensation by the end of the first year, 4 percent in year two, 5 percent in year three and 6 percent thereafter, and providing investment-related guidance to help workers get better returns on their savings.

There is still time to register for free at: http://www.xtalks.com/pensionreform.ashx

The Pension Protection Act of 2006 has created a whole new list of notice and logistical requirements that HR professionals will be actively involved in implementing and overseeing.

Our speakers will discuss the most notable changes impacting 401(k) plans and outline the key actions the HR professional or anyone who is involved in administrating retirement plans need to take to comply with the new law.

The Pension Reform 2006 and the Impact on 401(k)s Web Conference takes place on, Tuesday, December 5, 2006, from 12:00 p.m.-2:00 p.m. ET.

Register for free: http://www.xtalks.com/pensionreform.ashx

About our Sponsor RetirementSmarts:

Retirementsmarts.com was created to give participants an easy and affordable means to receive objective advice on how best to combine their 401k, 403b or 457 plan investment alternatives to produce the highest return for the degree of risk assumed. It combines the most advanced technologies for risk measurement and asset allocation. The asset allocation models are not tied to a particular investment manager, buy are customized for the investment choices available within each employer plan and are based on each individual employee's goals and tolerance for risk. Retirementsmarts.com is the product of over thirty years experience in working with employers and employees to design and manage qualified retirement plans. https://www.retirementsmarts.com/

About Xtalks

Xtalks is part of The Honeycomb Worldwide Group of Companies. Honeycomb Worldwide creates peer-to-peer business-oriented social networking communities, connecting senior level executives by delivering content through new and established media channels and is currently ranked 15th on the Profit Hot 50 List of emerging Canadian companies. www.honeycombworldwide.com.

For more information on this conference or Xtalks in general, or to enquire about speaking opportunities or sponsoring future events, visit www.xtalks.com or contact Karen Anderson, Chief Marketing Officer, at phone: 312-977-1166, x. 1209.

Register for free at http://www.xtalks.com/pensionreform.ashx

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