For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Compliance August 1, 2014
IRS Announces Webinar on DB Plan Termination
The Internal Revenue Service (IRS) will host a defined benefit plan termination webinar on August 14 at 2 p.m. Eastern Standard Time.
Reported by
PLANADVISER staff
The event, conducted by IRS representatives Thomas Petit and Lori Rider, will discuss how to define and enact a pension plan’s “date of termination,” and what steps are required to prepare a plan for termination.
Petit and Rider will also discuss Pension Benefit Guaranty Corporation (PGBC) requirements, in addition to the kind of “notice of intent” that is needed to terminate a plan.
Registration for the event is available here.
You Might Also Like:
Appellate Court Dismisses Forfeited Funds Case Against Wells Fargo
The U.S. 8th Circuit Court of Appeals is the first appellate court to decide whether former employees and plan participants...
Ford Accused of Improper Use of Employees’ 401(k) Savings
Ford retirement plan fiduciaries allegedly used participant assets, rather than company funds, to pay administrative expenses.
Schlichter Bogard Files Suit Over Voluntary Benefits Program Fees
Banner Health and its plan fiduciaries allegedly caused employees with supplemental insurance offerings to pay excessive premiums.