Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Compliance August 1, 2014
IRS Announces Webinar on DB Plan Termination
August 1, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) will host a defined benefit plan termination webinar on August 14 at 2 p.m. Eastern Standard Time.
Reported by PLANSPONSOR staff
The event, conducted by IRS representatives Thomas Petit and Lori Rider, will discuss how to define and enact a pension plan’s “date of termination,” and what steps are required to prepare a plan for termination.
Petit and Rider will also discuss Pension Benefit Guaranty Corporation (PGBC) requirements, in addition to the kind of “notice of intent” that is needed to terminate a plan.
Registration for the event is available here.
You Might Also Like:
IRS Releases Explain SECURE 2.0-Related Tax Form Changes
Participation incentives and Roth employer contributions will have to be reported as gross income.
NAGDCA Highlights CITs in 403(b)s and Roth Rollovers as Key Legislative Priorities
NAGDCA also listed delayed implementation dates and the creation of a National Retirement Security Month.
Breaking Down ERISA Section 404(c) to the Basics
This provision is designed to protect plan fiduciaries from participants’ poor investment choices, but the plan sponsor is still responsible...
« (b)est practices: Target-Date Funds May Need a “Warning Label”