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Available through April 28, 2016Speaker: Robert M. Richter, J.D., LL.M., APM; Vice President, SunGard Relius Access the presentation outline here!There has been an increased focus by the IRS and independent auditors on the mechanics of 401(k) deferral elections...
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A very large client approached us recently and asked about ways that we could enhance their 401(k) plan and have it become more effective for the employees’ success in saving for retirement. We discussed adding an automatic enrollment and automatic escalation feature but the client seemed more...
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The “right” answer is, of course, it depends.But the nonpartisan Employee Benefit Research Institute (EBRI) has published an analysis that, with the benefit of a full stochastic decumulation model focusing simultaneously on post-retirement investment risk, longevity risk and long-term care costs,...
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A very large client approached us recently and asked about ways that we could enhance their 401(k) plan and have it become more effective for the employees’ success in saving for retirement. We discussed adding an automatic enrollment and automatic escalation feature but the client seemed more...
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The IRS announced March 25 that it has expanded automatic approval opportunities for single-employer defined benefit plans. It provides automatic approval of a change in funding method regarding a single-employer DB plan under certain circumstances in which the change in method results from a...
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Expanded annual actuarial certifications for multiemployer plans are due March 31 for calendar year plans. The IRS issued the reminder in the March 25 issue of Employee Plans News. The Multiemployer Pension Reform Act of 2014, enacted on Dec. 16, 2014, revised the annual funding certification...
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Do you have a question you’d like to ask the IRS? ASPPA’s IRS Q&A subcommittee wants to hear from you. We are currently gathering questions for the Defined Contribution IRS/Treasury Question & Answer general session at this October’s Annual Conference. The question and answer general...
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The Securities and Exchange Commission and Department of Labor are both working on fiduciary issues — but their different approaches appear to be on different schedules. On March 24, it was SEC Chair Mary Jo White’s turn to take questions from Congress regarding the commission’s plan to impose a...
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http://www.irs.gov/pub/irs-drop/n-15-28.pdfSponsors of certain closed defined benefit plans got some good news from the IRS on March 19 — it has extended temporary relief from nondiscrimination rules under Internal Revenue Code Section 401(a)(4) for another year. The extension applies to DB plans...
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Time draws short for required minimum distributions (RMDs) from traditional IRAs and employer-provided retirement plans to taxpayers who reached age 70½ in 2014. The IRS on March 19 in IR-2015-55 issued a reminder that the deadline is April 1.The April 1 deadline applies to owners of traditional...
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