(b)lines Ask the Experts – Must Form 8955-SSA Be Filed Electronically?
“I have received conflicting information as to whether Form 8955-SSA is required to be filed electronically. Can the Experts clarify?”
Tag: 403(b)
Brown University Faces Familiar Allegations in 403(b) Lawsuit
Individual annuity contracts and a large plan investment lineup are targets in the Brown University lawsuit, just as they are...
IRS Changes Pre-Approved Plan Opinion Letter Program
The IRS says it is modifying its historic approach to pre-approved plans in order to encourage employers that currently maintain...
Connecticut Passes Conflict-of-Interest Rule for Non-ERISA 403(b)s
The law applies to any company that administers a 403(b) retirement plan offered by a political subdivision of the state.
Washington University in St. Louis Faces Second 403(b) Lawsuit
The strongly worded complaint says the plan fiduciaries “utterly abdicated their fiduciary duties to act prudently and loyally” by turning...
(b)lines Ask the Experts – Do 415 Limits Include Age-50 and 15-Year Catch Up Contributions?
“Our 403(b) plan provides for a fairly large employer contribution, which causes some of our employees to be restricted by...
Washington University in St. Louis Faces 403(b) Plan Lawsuit
The lawsuit claims plan participants paid excessive investment and recordkeeping fees and alleges the plan’s loan program violated ERISA prohibited...
Supreme Court Ruling Did Not Resolve Church Plan Challenges
The next stage will be to determine if the hospital boards or plan committees fit within the principal-purpose definition and...
(b)lines Ask the Experts – Changing Withdrawal Provisions When Transferring to a 403(b)(1) Annuity Contract
“I work with a 403(b)(7) plan with employer matching and employer non-elective contributions in addition to elective deferral contributions. The...
IRS Issues List of Pre-Approved 403(b) Plan Documents
Plan sponsors that adopt a 403(b) preapproved plan by the end of the remedial amendment period will be deemed to...
(b)lines Ask the Experts – When the Individual Who Signed Form 5500 Retired
“We are starting preparations for our retirement plan’s Form 5500 annual return filing; however, the individual who signs our returns...
Supreme Court Offers Interpretation of Definition of Church Plan
Looking at the definition of “church plan” in ERISA, the high court concluded that a plan maintained by a principal-purpose...
(b)lines Ask the Experts – Which Rules for 457(b)s Must Church Plans Follow?
“I read with great interest a recent Ask the Experts column in which you discussed the differences between governmental 457(b)...
Participants Sue Princeton Trustees for ERISA Breaches
The plan sponsor is accused of failing to leverage its size and sophistication to ensure a fair deal on recordkeeping...
University of Chicago Faces Excessive Fee Lawsuit
The university is accused of not negotiating a better price for recordkeeping and retaining high cost, underperforming investments, among other...
(b)lines Ask the Experts – Using Distributions for Ministers’ Housing Allowance in Church Plans
“I know participants can apply part of their distributions as ministers’ housing allowance (granted they meet the requirements) in a...
(b)lines Ask the Experts – Differences in 457(b) Plans for Different Entities
“What are the primary differences between a 457(b) plan of a private tax-exempt organization and a governmental 457(b) plan?”
Duke University 403(b) Plan Excessive Fee Suit Moves Forward
Claims moving forward regard excessive fees by using four recordkeepers and excessive fees by offering too many funds in the...
Parties Reach Settlement in Church Plan Challenge
Franciscan Missionaries of Our Lady Health System has agreed to make payments to its pension plans over five years.
Form 990 Filing Deadline Approaching
Tax-exempt organizations that do not file can lose their tax-exempt status, which will affect eligibility to offer 403(b) plans.