IRS Releases 2011 Covered Comp Tables
The Internal Revenue Service has issued Revenue Ruling 2011-3 with the table of covered compensation for the 2011 plan year.
Tag: Internal Revenue Service (IRS)
IRS Corrects Hybrid DB Plan Rule
Federal officials have issued a corrected document on final regulations for hybrid defined benefit plans since a previous version contained errors “that may prove to be misleading and...
IRS Publishes Guidance on DB Funding Relief
The Internal Revenue Service (IRS) has published guidance on the special rules on funding relief for single-employer defined benefit plans.
IRS to Hold In-Plan Roth Rollover Phone Forum
The Internal Revenue Service (IRS) has announced plans for a telephone forum to discuss recent guidance on in-plan Roth rollovers for 401(k) and 403(b) plans.
IRS Allows for Commingling of Assets in Group Trusts
The Internal Revenue Service has issued Revenue Ruling 2011-01, modifying the rules for group trusts.
IRS Publishes Changes in Plan Qualification Requirements
The Internal Revenue Service has issued Notice 2010-90, which provides a cumulative list of changes in plan qualification requirements.
IRS Issues Multi-Employer Amortization Extension Procedure
A new Internal Revenue Service (IRS) procedure (2010-52) details the process by which mutli-employer plans can request a five or 10-year extension of the deadline for amortizing unfunded...
IRS Offers Additional 409A Relief
The Internal Revenue Service has issued Notice 2010-80 providing additional relief for nonqualified deferred compensation plans covered under § 409A.
IRS Offers Roth 401(k), 403(b) Guidance
On Friday the IRS issued Notice 2010-84, containing guidance for 401(k) and 403(b) plans about in-plan Roth rollovers.
Minor Loses Battle over 401(k) Distribution Taxes
A federal court upheld a lower court ruling that the child of a woman who pleaded guilty to killing the child’s father is liable for federal income tax...
IRS Provides Guidance on Pre-Approved IRAs
In Revenue Procedure 2010-48, the Internal Revenue Service (IRS) provides guidance to drafters and users of pre-approved IRAs.
IRS: No Mandatory Withholding for In-plan Roth Rollovers
Plan sponsors who are allowing direct Roth rollovers from 401(k) and 403(b) plans don’t have to worry about mandatory withholding for those “distributions.”
Employee Stock Reporting Deadlines Approaching
The Internal Revenue Service (IRS) released final versions of Form 3921 and 3922 on which employers are required to report information relating to incentive stock options (ISO) and...
Questions About Hybrid Plan Regulations?
Looking for insights on those new hybrid plan regulations?
IRS Lays Out its Employee Plans Agenda
When it comes to employee benefit plans, the Internal Revenue Service (IRS) has laid out its work plan for next year.
IRS Erred with Form 5500 Extension Requests
The Internal Revenue Service announced that some requests for an extension of Form 5500 filing have been inadvertently denied and plan sponsors received denial letters in error.
IRS Announces 2011 Benefit Limits
The Internal Revenue Service (IRS) on Thursday announced that the 2011 deferral limit for 401(k), 403(b) or 457(b) plans and the federal government’s Thrift Savings Plan is unchanged...
IRS Issues Rules on Hybrid Retirement Plans
The Internal Revenue Service issued proposed and final regulations concerning hybrid retirement plans.
IRS Seeks Roth 401(k) Input
The Internal Revenue Service (IRS) is looking for some input on Roth 401(k)s.
Perspective: Sweaty Palms and Constricted Throats (part 2)
When the IRS points out retirement plan mistakes, avoid the ‘flight or fight’ urge