Compliance | May 31st, 2018 Compensation and Benefit Limits Affected by Short Plan Year If a short plan year is created when a plan is amended, terminates or is newly adopted, proration of the...
Compliance | May 22nd, 2018 IRS Reminds Plan Sponsors When a Complete Discontinuance of Contributions Occurs If there is a complete discontinuance of contributions in a profit sharing plan, including a 401(k) plan, the plan is...
Ask the Experts | May 15th, 2018 (b)lines Ask the Experts – Dealing With Missing Participants “I have been reading a lot about missing retirement plan participants lately. If our plan has any, should I be...
Compliance | May 14th, 2018 IRS Announces 2019 HSA Contribution Limits For an individual with family coverage, the 2019 health savings account (HSA) contribution limit is $7,000, up from the recently...
Compliance | April 27th, 2018 IRS Reverses Change in HSA Limit The IRS says it is reversing the change to the limitation because stakeholders informed it that implementing the $50 reduction...
Products | April 13th, 2018 IRS Approves Wagner Law’s Volume Submitter DB Pension Plan This is a pre-approved plan that meets IRS requirements.
Compliance | April 6th, 2018 IRS Seeks Input for Determination Letter Program Exceptions in 2019 When the IRS ended its determination letter program, it said it anticipates making exceptions based on program capacity to work...
Compliance | March 20th, 2018 IRS Reduces Fee for Terminating Plan Determination Letter Plan sponsors who have already submitted an Application for Determination for Terminating Plan in 2018 will receive a refund of...
Opinions | March 6th, 2018 DB Q&A: Defined Benefit Plan Mortality Assumptions Marcia Wagner, founder of The Wagner Law Group, answers questions about the IRS’ guidance about mortality tables that apply for...
Compliance | January 5th, 2018 IRS Modifies VCP User Fees The agency also issued information about how to obtain or re-establish an employer identification number (EIN) for a retirement plan...
Compliance | December 19th, 2017 GOP Tax Cut Package Takes Final Shape The House GOP majority adopted a unified version of the Tax Cuts and Jobs Act Tuesday afternoon; they may have...
Compliance | November 21st, 2017 Regulators Announce Modifications to Form 5500 IRS compliance questions have been removed from the form.
Compliance | November 15th, 2017 Lawmakers Rethink Changes to Deferred Compensation Following the earliest stages of debate, both the House and the Senate seem to have backed away from major changes...
Compliance | November 15th, 2017 IRS Announces 2018 Health FSA Limit The agency also issued a reminder that a certain amount of flexible spending account assets can be rolled over to...
Compliance | November 14th, 2017 IRS Releases Covered Compensation Tables The tables are to be used for determining contributions to DB plans and permitted disparity in DC plan contributions.
Compliance | November 10th, 2017 NQDC, 457 Plans Included Among Senate Tax Reform Targets Among other changes of note for plan sponsors, the proposal “applies a single aggregate limit to contributions for an employee...
Compliance | November 6th, 2017 IRS Memo Includes Guidance Regarding RMDs and Missing Participants The memo lists actions plan sponsors should take to locate missing participants in order not to be challenged on violating...
Compliance | November 2nd, 2017 Tax Reform Proposal Includes Important Changes for Plan Sponsors The GOP tax reform proposal leaves 401(k) deferrals alone, but there are other significant reforms in the package that would...
Compliance | November 2nd, 2017 IRS Extends Disaster Relief to Hurricane Maria, Wildfires Victims The agency has relaxed loan and hardship distribution rules.
Compliance | November 2nd, 2017 Treasury, IRS Issue Priority Guidance Plan Among its list for retirement plans are projects for which guidance has been long-awaited from the agencies.