Last year, the Internal Revenue Service (IRS) announced significant changes to its determination letter program for tax-qualified retirement plans. In Announcement 2015-19, the IRS eliminated the staggered 5-year remedial...more
The Internal Revenue Service (IRS) has surprisingly issued a notice of its intention to amend the required minimum distribution (RMD) regulations under the Internal Revenue Code (Code) to limit the use of lump sum payments to...more
7/13/2015
/ Annuities ,
Benefit Plan Sponsors ,
Defined Benefit Plans ,
Ford Motor ,
General Motors ,
Internal Revenue Code (IRC) ,
IRS ,
Lump Sum Offers ,
Proposed Amendments ,
Qualified Retirement Plans ,
Required Minimum Distributions
To simplify the rollover validation process, the Internal Revenue Service (IRS) has issued a new Revenue Ruling 2014-9 that provides guidance on the process for a trustee-to-trustee tax-free rollover between tax-qualified...more
4/4/2014
/ Benefit Plan Sponsors ,
Form 5500 ,
Hiring & Firing ,
Individual Retirement Account (IRA) ,
IRA Rollovers ,
IRS ,
New Hires ,
Plan Administrators ,
Qualified Retirement Plans ,
Retirement Plan ,
Tax-Free Transfers