Tag: Internal Revenue Service (IRS)

The IRS proposal would provide guidance about any employer that has withdrawn from the plan and entered into a “make-whole” agreement to provide participant benefits.

The agency is hosting a webinar about the 2015 Cumulative List.

The guidance includes prohibited changes to a safe harbor retirement plan.

The proposed rule will help closed DB plans continue to satisfy minimum coverage and other testing requirements.

The IRS has issued updated procedures for requesting letter rulings and has made changes to VCP fees.

The agency has added references to 403(b) pre-approved plans in its user fee guidance.

The IRS is making changes to the program in anticipation of its elimination.

The list of changes in plan qualification requirements is used by retirement plan sponsors and practitioners submitting determination letter applications for their plan documents.

Questions about compliance are optional, at least for now, and plan leakage is a new area of scrutiny.

Employee plans division leadership at the Internal Revenue Service candidly admits worsening budget constraints are making its job more difficult.

A forthcoming book by Peter Brady at the Investment Company Institute suggests Americans across the income spectrum get a pretty even shake when it comes to retirement benefits. 

The agency will share examination program priorities for the new year, among other things.

The Internal Revenue Service is implementing new market rate of return rules for hybrid pension plans. 

Employees can set up payroll deductions to fund their “my Retirement Account.”

James E. Turpin, with The Turpin Consulting Group, has one concern with the submitted document he’s seen.

The IRS announced it will not adjust most current contribution limitations for qualified retirement plans heading into tax year 2016, though some retirement-related tax breaks and other items...

Thinking the retirement industry has failed to deliver on its goals, state governments are trying to get into the retirement business.

The Employee Plans unit will be issuing more compliance checks and reviewing submissions for pre-approved plan documents.

The organization claims most large employers do not use predetermined or “off the shelf” retirement plan documents.

The IRS published procedures for plan sponsors to request a waiver of the electronic filing requirements for Form 8955-SSA and Form 5500-EZ.