Tag: Internal Revenue Service (IRS)

Six years may be a good document retention yardstick, but advisers should warn their plan sponsor clients that it may not be right for retirement plans.

When an individual or business files for bankruptcy, there is an automatic stay of the person or company’s assets, and creditors can appeal.

The two-week government shutdown in October delayed the U.S. Department of Labor’s (DOL) work on the fiduciary redefinition, according to Assistant Secretary of Labor Phyllis Borzi.

The American Society of Pension Professionals & Actuaries (ASPPA) made several recommendations to the Internal Revenue Service (IRS) about proposed regulations for plan filings on magnetic media.

The Internal Revenue Service (IRS) has rescheduled a phone forum that didn’t take place due to the government shutdown.

Several factors have created a retirement funding gap that is estimated to be as high as $6 trillion, said panelists in a discussion at BlackRock.

Households without employer-sponsored defined contribution (DC) plans or individual retirement accounts (IRA) had lower incomes and paid less taxes than peers with access to such plans, a study...

In a phone forum, representatives from the Internal Revenue Service (IRS) discussed how plan sponsors can prepare for and handle an audit.

The American Society of Pension Professionals & Actuaries (ASPPA) sent a comment letter to the Internal Revenue Service (IRS) about the definitions of vesting and severance for pre-approved...

The SPARK Institute has requested guidance from the Internal Revenue Service (IRS) relating to 403(b) retirement plans.

Having good internal controls can help retirement plan sponsors eliminate or reduce errors in plan operation.

The American Society of Pension Professionals & Actuaries (ASPPA) is asking for changes to ease correction burdens for retirement plan sponsors.   

The Internal Revenue Service (IRS) has made available a video of Form 5500 and extension filing tips.

A phone forum held by the Internal Revenue Service (IRS) instructed attendees on how to deal with plan-related errors.

The Internal Revenue Service (IRS) will host phone forums discussing 401(k) plan corrections and audits.

The American Society of Pension Professionals & Actuaries (ASPPA) sent a comment letter to the Internal Revenue Service (IRS) regarding the use of forfeitures to fund ADP test...

Some retirement plan compliance issues are unique to 403(b)s.

A significant part of the 403(b) regulations passed in 2007 was the requirement that plans be maintained pursuant to a written plan document.

Regulators are offering relief for certain payment and filing deadlines for plan sponsors affected by the recent storms in Oklahoma.

The Internal Revenue Service (IRS) is hosting a phone forum about the new 403(b) Pre-Approved Plan Program.