Paths to Salvage Participants’ Retirement Savings
With a higher percentage of full-time workers leaving their jobs, experts suggest plan sponsors and plan advisers educate employees about...
Tag: retirement plan distributions
Does the 10% Premature Distribution Penalty Apply to Roth Conversions?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Employee Account Balances Grandfathered for In-Service Distributions
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
You’ve Overpaid Retirement Benefits to a Participant … Now What?
Overpayments are more common than many sponsors think; they should understand the steps they can take to get the money...
Benefits |
What a Year Without Retirement Savings Can Do to Participant Outcomes
Scenarios show what a break in savings, as well as distributions and loans, can do to a participant’s retirement account...
Did the In-Service Distribution Age Change for 457(b) Plans?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Participants Expressing COVID-19-Related Withdrawal Regret
They say loans and withdrawals put them in a better place financially, but they are concerned about their long-term financial...
QBAD Distribution Limits When One Spouse Doesn’t Participate in a Retirement Plan
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Can Systematic Withdrawals Be Taken From 457(b) Plans?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
RMDs in 2021
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
What If a Participant Received a CRD After December 31?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Partial Plan Termination Relief Provided in New Stimulus Bill
The legislation also includes rules for qualified disaster relief payments and extends some provisions of the CARES Act.
Products |
PenChecks Streamlines Retirement Distribution Processing
The firm says its new platform is meant to make it easier to handle retirement plan distributions.
Helping Employees With Financial Decisions During COVID-19
When the pandemic is financially and emotionally affecting employees, they need access to sound reasoning.
IRS Issues Final Rule on Default Withholding for Periodic Payments
For 2021, the default rate of withholding for certain periodic retirement and annuity payments will remain the same as it...
IRS Clarifies SECURE Act Birth and Adoption Distribution Rules
Qualified birth or adoption distributions have been permissible since January under the SECURE Act, but more specific guidance on how...
IRS Updates Model Rollover Notices to Reflect SECURE Act Changes
The notice also clarifies that plan administrators are not required to provide a Section 402(f) notice to a recipient of...
Benefits |
EBRI Says CARES Act Distributions Could Have Lasting Consequences
The report highlights how a loan or distribution option under the CARES Act can affect employees.
CARES Act Special Considerations for 403(b) Plans
Participants invested in annuity contracts may face charges for distributions and limits on amounts they can take as a distribution...
Can Other Distributions Be Treated as Coronavirus-Related Distributions?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.