Tag: Plan Documents

Groom has developed its Document Compliance Service (DCS) for individually designed plans that have current IRS determination letters.

The new solution by Appo Group aims to cut costs and time by allowing users to create and manage multimedia communication materials through a single platform. 

The last day of the remedial amendment period for 403(b) plans is March 31, 2020.

ERIC has made suggestions to the IRS to help qualified individually designed retirement plans that no longer have the ability to file for determination letters.

The IRS noted that the fact that a change in a qualification requirement is included on the RA List does not mean that a plan must be amended...

Plan advisers can consult with plan sponsors about their SPDs and determine if they are simple enough for employees to understand while also not subjecting sponsors to legal...

A new analysis contends that, with careful governance practices in place, managing a compliant and effective retirement plan doesn’t have to be burdensome or even difficult.

The new program from PCS enhances advisers' ability to establish and demonstrate compliance with the DOL's fiduciary rule reform. 

Some changes made be needed due to the end of the determination letter program.

The IRS is asking DB plan sponsors to identify whether their plan has lump-sum risk transfer language.

Rev. Proc. 2016-37 ends the remedial amendment cycle system for individually designed plans and replaces it with a new approach to the remedial amendment period.

However, the committee made another suggestion assuming "there will be no IRS change of heart."

The appellate court noted that under Amara, if the participants cannot get relief with their benefit claims, they can seek an equitable remedy for breach of fiduciary duty...

The Puerto Rico Treasury Department recently changed the annual reporting requirements for employer-sponsored retirement plans.

The IRS is offering a new correction method for retirement plan sponsors that miss the deadline.