Compliance

Compliance |

Clarity Needed for IRS Partial Annuity Rules

June 1, 2012 (PLANSPONSOR.com) - The American Benefits Council welcomes proposed regulations to Internal Revenue Code Section 417(e), regarding the treatment of benefits paid partially as an annuity...
Compliance |

IRS Issues Guidance for Applying FSA Limit

May 30, 2012 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued guidance for applying the statutory limit for contributions to health flexible spending arrangements (FSAs) as set by...
Compliance |

Report Says PBGC Calculations Flawed

May 29, 2012 (PLANSPONSOR.com) – Calculations in Pension Benefit Guaranty Corporation (PBGC) reports were wrong due to the lack of a quality control process, according to a Management...
Compliance |

Tempe School District Settles EEOC Suit

May 25, 2012 (PLANSPONSOR.com) – Tempe Elementary School District No. 3 has settled an employment discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC).
Compliance |

DOL Frees Assets for 401(k) Plan

May 24, 2012 (PLANSPONSOR.com) – Following a lawsuit, the U.S. Department of Labor appointed an independent fiduciary to manage a defunct New Jersey company’s 401(k) plan.
Compliance |

DOL Recovers $1.3M for Pension Plan

May 15, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor reached an agreement with a California fruit and nut company to restore $1,287,901 to the company’s pension plan.