Can a Plan Sponsor Limit Hardship Distributions?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Tag: retirement plan participant loans
Maximum Loan Amount Across Multiple Plans
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Special Rule Regarding Loans for Participants on Military Leave
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Disadvantages to Allowing Loan Repayment or Initiation After Termination
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Deemed Distributions Can Be Triggered by More Than Just Loan Nonpayment
The IRS reminds retirement plan sponsors of rules that, if broken, can result in loan amounts being deemed distributions.
Setting an Interest Rate for Plan Participant Loans
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Benefits |
What a Year Without Retirement Savings Can Do to Participant Outcomes
Scenarios show what a break in savings, as well as distributions and loans, can do to a participant’s retirement account...
Can 403(b) Plan Participants Repay or Initiate Loans After Termination?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Plan Administrators Don’t Have to Scramble to Report Qualified Plan Loan Offset Amounts
The IRS has issued final regulations regarding qualified plan loan offset amounts, which are the same as proposed regulations except...
Judge Certifies Sizable Class in Lawsuit Over TIAA’s Retirement Plan Loan Program
The lawsuit alleges TIAA kept some of the interest participants paid on loans from their retirement plans, which it says...
Options to Help Participants Avoid Tapping Into Retirement Savings
Plan sponsors can share with participants other options to consider before taking a DC plan loan or withdrawal.
IRS Issues NPRM for Qualified Plan Loan Offset Amounts
The Tax Cuts and Jobs Act provided for an extension of the period a retirement plan participant has to roll...
CARES Act Special Considerations for 403(b) Plans
Participants invested in annuity contracts may face charges for distributions and limits on amounts they can take as a distribution...
Clarification of Loan Repayment Delay Provisions of CARES Act
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
No Massive Pullback From Retirement Savings Seen Yet
Research finds few retirement savers have lowered savings rates or withdrawn money; however, those with lower incomes and in certain...
Has Repayment Period Been Extended for Loans Under CARES Act?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Opinions |
COVID-19 Compliance Corner: IRS Expands CRD Eligibility and Clarifies Loan Rules
Each week, Carol Buckmann, with Cohen & Buckmann P.C., will explain legislative provisions or official guidance related to the COVID-19...
Products |
Custodia Financial Introduces Two Additional 401(k) Loan ‘Insurance’ Options
One option provides a ‘bridge’ while the participant secures new employment; the other provides the bridge followed by full repayment...
Retirement Plan ‘Leakage’ Still a Serious Problem
A study finds there was $48 billion in penalized retirement plan distributions in 2010, and it raises the question of...
Options for Terminated Employees With Outstanding Loans
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.