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401k › Mistake

Chambliss, Bahner & Stophel, P.C.

How to Fix a Required Minimum Distribution Mistake

Chambliss, Bahner & Stophel, P.C. on

The rules around required minimum distributions from retirement accounts are confusing, and it’s easy to slip up. Fortunately, if you do make a mistake, there are steps you can take to fix the error and possibly avoid a stiff...more

Jackson Walker

IRS Reduces Cost to Fix Some Missed Deferral Errors

Jackson Walker on

The Internal Revenue Service has issued new guidelines that should be advantageous for employers that sponsor 401(k) and 403(b) plans. The new rules reduce and, in some cases, completely eliminate the windfall in favor of...more

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