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...
Tag: Internal Revenue Service (IRS)
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
IMHO: Compliance 'Deportment'
Recently, the Internal Revenue Service (IRS) announced that it was sending a questionnaire out to about a thousand 401(k) plan sponsors.
HSA Limits Stay the Same for 2011
The Internal Revenue Service (IRS) has announced that 2011 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under §223 of the Internal Revenue Code are unchanged...
IRS Provides 401(k) Compliance Check Details
The Internal Revenue Service (IRS) said a random sample of 1,200 401(k) plan sponsors will be notified this week that they have been selected to fill out an...
Perspective: Sweaty Palms and Constricted Throats
The Internal Revenue Service (IRS) identifies the most common mistakes by 401(k) plans.
IRS Issues Final Regs on Diversification Requirements for Company Stock
The Internal Revenue Service is issuing final regulations under section 401(a)(35) of the Internal Revenue Code (Code) relating to diversification requirements for certain defined contribution plans holding publicly...
60-Day Rollover Requirement Doesn't Apply to Check Made to New Plan
The Internal Revenue Service has ruled that the 60-day rollover requirement is not applicable to a plan distribution check made payable to a second plan's sponsor.
IRS Offers Determination Letter Program Insights
The Internal Revenue Service (IRS) is conducting an audio forum on its new determination letter program for qualified plans.
fiduciary fitness
Deferred Gratification
Final section 409A regulations are complicated, but offer opportunities for advisers
beyond (k)
403(b) aware
New 403(b) rules may offer opportunities for advisers to have a "client touch"
fiduciary fitness
457 Exemptions
IRS issues guidelines for deferred compensation arrangements maintained by tax-exempt entities or state or local governments
dean's list
Opportunity “Knocks”
The past year has brought with it an extraordinary amount of change to our industry.
Opinion Letter Program for 403(b) Plans Set to Launch April 1
An Internal Revenue Service (IRS) official said the agency has set April 1 as its target date for launching an opinion letter program for prototype and volume submitter...
IRS Debunks Frivolous Tax Arguments
The IRS has released the 2010 version of its “discussion”—and rebuttal—of many of the more common frivolous arguments made by individuals and groups that oppose compliance with federal...
IRS to Mail 401(k) Compliance Questionnaires
New York accounting firm Eisner LLP has issued a warning that the Internal Revenue Service (IRS) will begin sending questionnaires to 401(k) sponsors to gather information about their...
IRS 403(b) Expert Joins VALIC
VALIC has hired Robert J. "Bob" Architect, formerly senior tax law specialist and 403(b) guidance author in the Internal Revenue Service's Employee Plans Division, as vice president of...