Compliance | April 30th, 2015 You Failed Nondiscrimination Testing, Now What? Plan design can help retirement plans pass nondiscrimination testing.
Compliance | April 23rd, 2015 Retirement Plan Issues on the IRS’ Radar Restriction of resources is not keeping the IRS from making sure retirement plans are in compliance.
Compliance | April 6th, 2015 IRS Answers Questions About Reference Lists The IRS encourages plan sponsors to include completed reference lists with determination letter applications.
Compliance | April 6th, 2015 Reminder About Retirement Plan Distributions to Foreign Persons If a U.S. retirement plan makes distributions to foreign persons, it must generally withhold 30% of the payment for federal...
Compliance | April 3rd, 2015 IRS Expands Auto-Feature Voluntary Correction Safe Harbors New safe harbor correction methods related to automatic enrollment features in defined contribution plans are being implemented by the Internal...
Participants | April 3rd, 2015 Most Americans Unaware of IRS Deferral Limits A recent survey from Fifth Third Bank finds a vast majority of Americans cannot identify the Internal Revenue Service’s limits...
Compliance | April 2nd, 2015 Don’t Leave the IRS Hanging on Voluntary Corrections If retirement plan sponsors fail to complete all steps in the voluntary compliance process, they must reapply for the IRS...
Compliance | April 2nd, 2015 Records to Keep for Loans and Hardship Withdrawals The IRS reminds retirement plan sponsors it is up to them to track loans and hardship withdrawals.
Compliance | March 26th, 2015 IRS Extends Closed DB Nondiscrimination Relief The IRS says proposed permanent amendments to nondiscrimination regulations can be anticipated.
Compliance | February 27th, 2015 Reminder of 457(b) Plan Voluntary Correction Issues The IRS has updated its website about 457(b) plan submissions to its voluntary compliance program.
Compliance | February 27th, 2015 Guide Compares Plans for Tax-Exempt and Governmental Entities The IRS has released a publication to help tax-exempt and governmental entities choose a retirement plan.
Compliance | February 17th, 2015 PBGC, IRS Request Input on Multiemployer Plan Guidance The PBGC and the IRS have issued requests for information to help them with issuing guidance about the Multiemployer Pension...
Compliance | February 17th, 2015 IRS Announces Retirement Plan Webinars in March The IRS will host webinars discussing the second cycle E determination letter application process and retirement plan loans to participants.
Compliance | February 5th, 2015 Reporting Requirements for the ACA Are All in the Numbers Starting this year, employers of 50 or more full-time employees will have to meet significant new reporting requirements for the...
Compliance | February 2nd, 2015 Internal Controls Can Help Prevent Retirement Plan Fraud The IRS has suggested a list of helpful internal controls for retirement plan sponsors.
Compliance | February 2nd, 2015 IRS Offers Reference Lists for Plan Qualification Requirements The IRS recommends including reference lists when applying for a retirement plan determination letter.
Deals and People | January 23rd, 2015 ERIC Names New Chief Executive Annette Guarisco Fildes has been appointed CEO of the ERISA Industry Committee.
Compliance | January 9th, 2015 IRS Expands Approval for Changes in DB Plan Funding Method A pension plan that has changed actuarial services firms can have a change in funding method automatically approved.
Products | December 30th, 2014 Segal Offers Compliance Calendars for Plan Sponsors The Segal Company’s calendars for the new year detail reporting requirements for single-employer and multiemployer plans.
Compliance | December 22nd, 2014 Addressing Mistakes in Tax Treatment of Employee Deferrals An updated IRS web page tells retirement plan sponsors how to correct the mistake of using the wrong tax treatment...