Compliance

December 8, 2011 (PLANSPONSOR.com) – Having your retirement plan audited by the Internal Revenue Service or Department of Labor can...

December 6, 2011 (PLANSPONSOR.com) – Fifty-five House Republicans sent a letter to Secretary of Labor Hilda Solis, offering suggestions regarding the proposed change to the definition of fiduciary....

According to Forbes, Wal-Mart and its retirement plan administrator (Merrill Lynch) allegedly breached their fiduciary duty for nearly two million past and present Wal-Mart workers in the company’s...

December 5, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced two proposed rules under the Affordable Care Act. 

December 5, 2011 (PLANSPONSOR.com) – The Internal Revenue Service has posted frequently asked questions and answers to provide general information about the new Form 8955-SSA which replaces Schedule...

December 1, 2011 (PLANSPONSOR.com) – The Supreme Court of Canada has agreed to hear an appeal in a case...

December 1, 2011 (PLANSPONSOR.com) – In a phone forum on its correction programs, representatives from the Internal Revenue Service Employee Plans Examination Program discussed common retirement plan errors.

December 1, 2011 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation’s (PBGC) Inspector General released a report describing shortcomings in the way the agency valued assets in plans it...

November 30, 2011 (PLANSPONSOR.com) – The 2^nd U.S. Circuit Court of Appeals has ruled a defined contribution plan must pay a former participant assets that were wrongly transferred...

November 29, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued a notice providing a sample plan amendment that plan sponsors may adopt to satisfy § 436...

November 29, 2011 (PLANSPONSOR.com) - Pension Benefit Guaranty Corporation (PBGC) Director Josh Gotbaum said based on the agency’s estimates, American Airlines employees could lose a billion dollars in...

November 28, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor is suing Worldwide Trade Resources Inc. (WTR) for failing to pay employees the $2 million they were entitled...

November 28, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Eastern District of Pennsylvania ruled a profit sharing plan administrator is not liable for the unlawful diversion...

November 23, 2011 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation announced that the yearly maximum benefit a 65-year-old retiree can receive has increased to almost $56,000 from...

November 23, 2011 (PLANSPONSOR.com) – The Internal Revenue Service said its Employee Plans (EP) International unit has made significant progress on international initiatives and projects, including the Hacienda...

November 23, 2011 (PLANSPONSOR.com) - Over 95% of the 1,200 plan sponsors contacted by the Internal Revenue Service Employee Plans Compliance Unit voluntarily completed the online 401(k) Compliance...

November 23, 2011 (PLANSPONSOR.com) - The U.S. Bankruptcy Court for the District of Maryland has approved a global settlement that allows the U.S. Department of Labor to recover...

November 22, 2011 (PLANSPONSOR.com) – Audits of the Single-Employer and Multiemployer Program Funds administered by the Pension Benefit Guaranty Corporation (PBGC) for fiscal years (FY) 2011 and 2010...

November 21, 2011 (PLANSPONSOR.com) - JPMorgan Chase & Co. and Goldman Sachs Group Inc. were sued by two pension funds over claims they made misleading statements about the...

November 18, 2011 (PLANSPONSOR.com) - In a FAQ document about the Patient Protection and Affordable Care Act (PPACA) and Mental Health Parity Implementation, the U.S. Department of Labor...