Trade Groups Comment on 403(b) Prototype Program
The deadline for comments on the Internal Revenue Service’s proposal for a 403(b) plan document prototype program was June 1, and trade groups and industry providers had a...
Tag: Internal Revenue Service (IRS)
SPARK Offers Suggestions for 403(b) Prototype Program
The SPARK Institute submitted a comment letter to the Internal Revenue Service (IRS) commending it on the proposed 403(b) plans prototype program, and requesting changes that it says...
Court Finds 401(k) Loan Not a “Necessary Expense″
The repayment of a 401(k) loan may be a real debt obligation, but it’s not a “necessary expense″ for bankruptcy purposes, according to a recent court decision.
Options Web Site Updates Tax Content
The myStockOptions.com Web site has updated its content about the effects of recent federal tax law changes on stock compensation programs.
Regulators Release Auto-Enroll Info for Small Employers
The U.S. Department of Labor (DoL) and the Internal Revenue Service (IRS) released a new publication to help small employers understand automatic enrollment for 401(k) plans.
beyond (k)
Correction Appended
The IRS offers ways for deferred compensation plans to correct mistakes voluntarily
fiduciary fitness
The IRS Responds to Sponsors’ Cries
Suspension or reduction of nonelective contributions under safe harbor 401(k) plans
fiduciary fitness
Calling It Quits
The rules surrounding plan partial terminations after workforce reduction
beyond (k)
The Same, but Different
Although new rules may make 403(b)s more similar to 401(k)s, they are very much their own plans
regulatory radar
2009 ERISA Compliance Calendar for DB/DC/403(b) Plans
Every retirement plan adviser knows that the year is full of various compliance deadlines imposed on these programs by the Department of Labor (DoL), Internal Revenue Service (IRS),...
trendspotting
IRS Issues Final 409A Relief Procedures
Almost one year to the day after Internal Revenue Service (IRS) officials first proposed a series of procedures for correcting income inclusion issues with additional taxes under Section...