(b)lines Ask the Experts – Correcting Excess Deferrals
April 12, 2011 (PLANSPONSOR (b)lines) – “I recently discovered that one of our 403(b) plan participants deferred in excess of the 402(g) limit ($16,500) in 2010, and does...
Ask the Experts
(b)lines Ask the Experts – Improving the Plan Audit Experience
March 29, 2011 (PLANSPONSOR (b)lines) – “We are a large ERISA 403(b) plan sponsor and our experience with our very first 5500 plan audit for the 2009 play...
(b)lines Ask the Experts – An Employee Wants to Defer 100%
March 22, 2011 (PLANSPONSOR (b)lines) – “Can a per diem employee who works nominal hours and receives only a few hundred dollars in gross compensation per pay period...
(b)lines Ask the Experts – Why 403(b)s Are Slower to Adopt Auto Enroll
March 15, 2011 (PLANSPONSOR (b)lines) – Do the Experts have any insight as to why adoption of automatic enrollment in 403(b) plans lags behind that of 401(k)s?
(b)lines Ask the Experts – IRS Audits of Prior Plan Years
March 8, 2011 (PLANSPONSOR (b)lines) – A plan adviser says, “Recently, one of the 403(b) plans I advise received a letter from the IRS indicating the plan is...
(b)lines Ask the Experts – Non-Discrimination Rules for Non-QCCOs
March 1, 2011 (PLANSPONSOR (b)lines) – A 501(c)(3) religious organization maintains a 403(b) plan with an employer matching contribution feature.
(b)lines Ask the Experts – Growing over 100 Participants
February 22, 2011 (PLANSPONSOR (b)lines) – A tax-exempt organization in 2010 grew to have 110 participants (including both active and terminated) in its 403(b) plan, while prior to...
(b)lines Ask the Experts – Tips on Discrimination Testing
February 15, 2011 (PLANSPONSOR (b)lines) – A (b)lines reader writes: “Our 403b plan has just failed the annual ACP discrimination testing.
(b)lines Ask the Experts – When a Deferral is not “Elective”
February 8, 2011 (PLANSPONSOR (b)lines) – “I was told that the “mandatory” salary reduction contribution provided for in my employer’s 403(b) plan does NOT count against the 402(g)...
(b)lines Ask the Experts – Where is the Prototype Program?
February 1, 2011 (PLANSPONSOR (b)lines) – “What happened to the 403(b) prototype program we were expecting last year?”
(b)lines Ask the Experts – Eligibility for Roth Conversion
January 25, 2011 (PLANSPONSOR (b)lines) – “I am a senior executive at a nonprofit and was excited to hear about the new rules that would permit me to...
(b)lines Ask the Experts – A 54-Year-OId Avoids the Early Withdrawal Penalty
January 18, 2011 (PLANSPONSOR (b)lines) – “I have a bet with a colleague that I will buy her a fancy lunch if it is possible for an individual...
(b)lines Ask the Experts – The Demise of 403(b)s?
January 11, 2011 (PLANSPONSOR (b)lines) – “Down the road, do you believe that 403(b) plan designs will be eliminated in favor of 401(k) plans or a uniform plan design?”
(b)lines Ask the Experts – Definition of Participant for W-2
January 4, 2011 (PLANSPONSOR (b)lines) – My payroll department has indicated to me that they must check off a box listed as "Retirement Plan" in Box 13 of...
(b)lines Ask the Experts – Amending Plans for the HEART Act
December 28, 2010 (PLANSPONSOR (b)lines) – Retirement plans should be amended for provisions of the Heroes Earnings Assistance and Relief Tax Act of 2008 by December 31, 2010,...
(b)lines Ask the Experts – Aggregating Accounts for RMDs
November 30, 2010 (PLANSPONSOR (b)lines) – If an individual is a participant in more than one 403(b) plan or the individual is invested in multiple 403(b) contracts, can...
(b)lines Ask the Experts – Fee Disclosure and Annuity Contracts
November 23, 2010 (PLANSPONSOR (b)lines) – Will the new fee disclosure rules for disclosures from service providers to plan fiduciaries and for disclosures to plan participants that are...
(b)lines Ask the Experts – Fee Disclosure and Church Plans
October 19, 2010 (PLANSPONSOR (b)lines) – “I heard that there are some new regulations that will require my retirement plan vendors to provide complete disclosure of any and...
(b)lines Ask the Experts – ERISA Status for Church-Related Entities
September 21, 2010 (PLANSPONSOR (b)lines) – A church sponsors a pre-school, which is not separately incorporated.
(b)lines Ask the Experts – Eligibility Requirement Restrictions for Dual Status Sponsors
September 7, 2010 (PLANSPONSOR (b)lines) – In an ERISA 403(b) plan, a plan may require a two-year service requirement for employer contributions provided the participant is 100% immediately...