Members of Congress Ask Trump to Protect ESOPs
In a letter, members of Congress accuse the DOL of “regulation through litigation” and ask that clear guidance regarding valuation...
Tag: retirement plan regulations
IRS Modifies Safe Harbor Explanations for Rollovers
The modifications take into consideration changes related to qualified plan loan offsets and other statutory changes.
PBGC Makes Available 2018 Premium Filing Instructions
The PBGC expanded the examples about how to determine premiums in a year when a plan is involved with a...
Trump Executive Order Includes Call to Simplify Retirement Plan Disclosures
In addition to ordering a review of RMD rules and expansion of MEPs, President Donald Trump asked both the Treasury...
Pace of EBSA Settlements and Plan Corrections Is Strong
“On the retirement side, again, there is a strong focus on missing participants, and EBSA is diving incredibly deep," says...
IRS Finalizes Rules for Definitions of QMAC and QNEC
In the final regulations, the agency addressed commenters’ concerns that the definitions would preclude them from using forfeiture accounts to...
Missing Inaction
What are the rules for locating missing retirement plan participants and what should plan sponsors do when they’re found?
Considerations for Changing the Interest Crediting Rate in a Cash Balance Plan
In an issue snapshot, the Internal Revenue Service (IRS) discusses when a cash balance plan amendment reduces (or potentially reduces)...
2018 PLANSPONSOR National Conference Coverage
A recap of presentations and discussions during the 2018 PLANSPONSOR National Conference.
Opinions |
Social Investing and ERISA Plans: The Context Is Significant
Thomas White, partner at Rimon Law, discusses how plan sponsors should consider ESG investments following the DOL’s latest guidance.
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...
Non-Electing Church Plans Subject to Some Pre-ERISA Requirements
Non-electing church plans are exempt from the Employee Retirement Income Security Act (ERISA) provisions pertaining to participation, coverage, and vesting;...
(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...
DOL Issues Temporary Enforcement Policy Following 5th Circuit Decision on Fiduciary Rule
The agency noted that some financial institutions have devoted significant resources to comply with the BIC Exemption and the Principal...
A Look to Mid-Term Elections and the Effect on Retirement Plans
Attorneys anticipate a big push to get retirement plan-related legislation passed before mid-term elections could have a big impact on...
(b)lines Ask the Experts – Amending Retirement Plans for Final Disability Regulations
“I administer an Employee Retirement Income Security Act (ERISA) 403(b) retirement plan, and our plan provides for early retirement distributions...
DOL Issues More Guidance Related to ESG Investing in DC Plans
In a new Field Assistance Bulletin, the DOL clarifies how ESG investment considerations should be made under ERISA if ESG...
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...
ERISA Advisory Council Offers Recommendations for Simplifying Mandated Disclosures
For example, the Council proposes to develop an alternative means of compliance by which the introductory portion of the SPD–referred...
IRS Extends Remedial Amendment Cycle for Pre-Approved DB Plans
A plan sponsor using pre-approved plan documents to restate a plan for the plan qualification requirements included on the 2012...