ComplianceMarch 03, 2017

IRS Updates Reporting Disclosure Guide

Covered in the guide are such subjects as the Form 5500, annual zone status certification, various forms related to distributions paid, Form 5330, safe harbor notices and many others.

ComplianceJanuary 17, 2017

IRS Proposes Changes to QMAC, QNEC Definitions

Under the proposal, employer contributions to a plan would be able to qualify as QMACs or QNECs if they satisfy applicable nonforfeitability and distribution requirements at the time they are allocated to participants’ accounts not when they are contributed to the plan.