Remedial Amendment Periods for 403(b) Plans and DB Plans Extended
Plan sponsors now have until June 30 to update their pre-approved and individually designed 403(b) plan documents.
Tag: retirement plan regulations
DOL, PBGC Announce Searchable Guidance Databases
Each database contains, or links to, all the agency’s guidance documents and provides certain information about them.
Opinions |
Barry’s Pickings: The 2020 Retirement Policy Agenda
Michael Barry, president of O3 Plan Advisory Services LLC, discusses policy issues he hopes to see addressed—most not in the...
Signing and Retaining Plan Documents Is Essential
Following a memo warning retirement plan sponsors of potential disqualification, attorneys offer suggestions for plan document execution procedures.
Is Treatment of Roth Excess Deferrals the Same as That for Pre-Tax?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Interim Amendment Needed for Hardship Changes in Pre-Approved Plans
Revenue Procedure 2020-9 extends the deadline, applicable to pre-approved plans, for adopting an interim amendment relating to hardship regulations to...
DOL Plans Notice of Proposed Rulemaking on Proxy Voting
The DOL says the action would modernize fiduciary practices related to the voting rights associated with ERISA plan investments.
Plan Amendments After the 403(b) Remedial Amendment Period
Non-governmental 403(b) plans, for the first time, have a deadline for adopting plan amendments going forward.
Officials Issue New Items for DB Plan Sponsors
The PBGC has issued a final rule regarding pension plans undergoing distress or involuntary termination, and the OSFI has released...
PBGC Proposes New Methods for Counting Inactive Multiemployer Plan Participants
The PBGC anticipates that providing plans with three available counting methods will allow each plan to choose the one that...
IRS Proposes Update to Mortality Tables Used to Calculate RMDs
The life expectancy tables and applicable distribution period tables in the proposed regulations reflect longer life expectancies than the tables...
Opinions |
Barry’s Pickings: Software Eats ERISA Disclosure
Michael Barry, president of O3 Plan Advisory Services LLC, contemplates whether questions asked in the DOL’s e-disclosure proposal could lead...
Executive Orders May Impact Retirement Plan Guidance
Attorneys explain that one order attempts to limit the force and effect of sub-regulatory guidance and the other would limit...
IRS Releases 2019-2020 Priority Guidance Plan
The IRS invites public comments and suggestions about guidance.
PBGC Issues Proposed Rules About Benefit Payments
The agency will consider payments prior to plan terminations when calculating benefits, and it proposed to change its assumptions for...
IRS Finalizes Hardship Withdrawal Rules
Michael A. Webb, with Cammack Retirement Group, says there are no substantive changes from the proposed regulations, but he points...
What Safe Harbors Are Available to Retirement Plan Sponsors?
Safe harbor provisions protect employers from liability. That’s one good reason to understand them.
Closed DB Plan Nondiscrimination Relief Extended Again
The IRS anticipates that final regulations on closed DB plan nondiscrimination testing will not be published in time for plan...
Rule on Electronic Disclosures Moving Along
The OMB has received for review a proposed rule from the DOL aimed at reducing costs and improving participant understanding...
IRS Makes Language Changes to ‘One-Bad-Apple’ Rule Proposal
The IRS says that, as published, its Notice of Proposed Rulemaking (NPRM) contains errors which may prove to be misleading...