Tag: Internal Revenue Service (IRS)

The IRS encourages plan sponsors to include completed reference lists with determination letter applications.

New safe harbor correction methods related to automatic enrollment features in defined contribution plans are being implemented by the Internal Revenue Service.

A recent survey from Fifth Third Bank finds a vast majority of Americans cannot identify the Internal Revenue Service’s limits placed on annual tax-advantaged retirement plan deferrals.

Retirement plan sponsors that omit any steps in the voluntary compliance process must reapply for the IRS program and pay a fee.

The IRS says proposed permanent amendments to nondiscrimination regulations can be anticipated.

The deadline for some to start taking required minimum distributions (RMDs) is April 1, and the penalty for forgetting—a 50% tax bill—is big.

Content in the myStockOptions.com Tax Center provides insights into the prevention of tax return mistakes for equity compensation plans.

The IRS has updated its website about 457(b) plan submissions to its voluntary compliance program.

The IRS has released a publication to help tax-exempt and governmental entities choose a retirement plan.

The Internal Revenue Service has announced two free webinars in March about important retirement plan topics.

The IRS revealed Form 5500 errors it found during various compliance projects, which could cause a plan to be selected for a compliance check.

The launch of ERISApedia.com provides retirement plan sponsors, administrators, attorneys and advisers with easy access to compliance information and important retirement industry materials.

Mercer announced the release of informational booklets providing updated guidance about Social Security and Medicare for 2015.

The IRS has suggested a list of helpful internal controls for retirement plan sponsors.

The IRS recommends including reference lists when applying for a retirement plan determination letter.

Staff reductions over several years must be related to be considered together when deciding if a partial pension plan termination occurred.

A pension plan that has changed actuarial services firms can have a change in funding method automatically approved.

The complexity of testing a plan can be one way to justify higher fees, says an ERISA plan administration business development specialist.

The IRS has provided answers to questions received about the new single-distribution rule for rollovers from retirement plans.