|
March 9, 2010
|
This Client Alert will attempt to provide some basic advice regarding whether or not to convert, while briefly mentioning some of the many caveats for those who wish to have a more complete understanding of the rules.
|
|
November 5, 2009
|
IRS Notice 2009-82 may require plan sponsors to act by November 30, 2009 regarding required minimum distributions.
|
|
March 6, 2009
|
As a result of the Worker Retiree and Employee Recovery Act of 2008, minimum required distributions from IRAs and qualified retirement plans can be “skipped” for 2009. Although most, if not all, IRA providers are likely to allow individuals to skip these distributions for 2009, qualified plan sponsors should wait for further guidance from the IRS before determining exactly how to implement this change.
|
|
August 7, 2008
|
To avoid the possibility of significant penalty taxes imposed by new Section 409A of the Internal Revenue Code, all formal and informal bonus policies should be set forth in writing and should contain specific terms regarding payment no later than December 31, 2008.
|
|
December 4, 2007
|
One provision of the Pension Protection Act of 2006 (PPA) that has received a lot of attention in the last year relates to the new rules applicable to automatic contributions in 401(k) plans. Read further to find out what deadlines are approaching.
|
|
November 7, 2007
|
On October 24, 2007, the Department of Labor issued final regulations regarding qualified default investment funds under retirement plans subject to ERISA.
|
|
May 10, 2006
|
Since January 1, 2006, employers have been able to offer a choice of making deferred contributions on a pre-tax basis or on a after-tax basis. Under new IRS regulations, employers should seriously consider whether it makes sense to offer a choice.
|
|
October 7, 2005
|
On September 29th, 2005, the IRS issued its long awaited proposed regulations on nonqualified deferred compensation arrangements.
|