EBIA Weekly Archives - 401(k) - Statutes

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Results (452 articles found)


  1. IRS Issues Additional Guidance on Tax Consequences of Rollovers From Employer Plans to Roth IRAs
    From the September 10, 2009 EBIA Weekly
    The IRS has issued Notice 2009-75, in Q&A format, to provide additional guidance on the federal income tax consequences of rolling over an eligible rollover distribution (ERD) from a qualified plan (including a 401(k) plan) to ...
    [IRS Notice 2009-75 (Sept. 8, 2009)]
  2. IRS Issues Guidance on Expanding Automatic Enrollment and Contributing Unused Leave Amounts to 401(k) Plans
    From the September 10, 2009 EBIA Weekly
    The IRS has issued a set of three revenue rulings and four notices collectively intended to encourage retirement savings. The new guidance, jointly announced by the Treasury Secretary and the Obama Administration, expands opportunities for automatic enrollment in 401(k) ...
    [Rev. Ruls. 2009-30, 2009-31, and 2009-32 (Sept. 5, 2009); IRS Notices 2009-65, 2009-66, 2009-67, and 2009-68 (Sept. 5, 2009)]
  3. DOL Staff Members Provide Informal Views on Uncashed Checks, Plan Audits, and Class Action Lawsuits
    From the August 27, 2009 EBIA Weekly
    The Joint Committee on Employee Benefits (JCEB) of the American Bar Association has reported on its May 7, 2009 Q&A session with DOL staff members. Highlights include unofficial, nonbinding remarks about these 401(k)-related plan topics: uncashed ...
    [ABA Joint Committee on Employee Benefits, Meeting with Department of Labor Staff (May 7, 2009)]
  4. DOL Approves First Commercial Software Vendor for All-Electronic Form 5500 Filing Under EFAST2
    From the August 27, 2009 EBIA Weekly
    The DOL has begun compiling its list of companies that have developed “approved software” for use in preparing and submitting Form 5500 for the 2009 plan year under the new all-electronic EFAST2 system. As background, DOL final ...
    [EFAST Webpage: EFAST2-Approved Software (Aug. 21, 2009)]
  5. IRS Extends End of Remedial Amendment Period and Affirms Cycle E Option for Governmental Plans
    From the August 13, 2009 EBIA Weekly
    In Revenue Procedure 2009-36, the IRS has extended the post-cycle remedial amendment period for governmental plans. As background, Code Section 401(b) provides a remedial amendment period during which plan sponsors may retroactively amend their plans to comply ...
    [Rev. Proc. 2009-36 (Aug. 12, 2009)]
  6. FTC Delays Enforcement of Red Flags Rule Until November and Issues FAQs Addressing Employee Benefit Plans
    From the July 30, 2009 EBIA Weekly
    The federal Red Flags Rule (Rule) requires certain businesses and organizations to implement written identity theft prevention programs that are designed to detect the warning signs (“red flags”) of identity theft in their day-to-day operations and ...
    [FTC Extended Enforcement Policy: Identity Theft Red Flags Rule, 16 CFR 681.1 (July 29, 2009)]
  7. DOL Delays Final Investment Advice Regulations for an Additional 180 Days to Allow More Time for Legal and Policy Review
    From the May 21, 2009 EBIA Weekly
    The DOL has delayed for an additional 180 days the effective and applicability date of its final regulations regarding investment advice for participants and beneficiaries of individual account plans (including 401(k) plans). The regulations, originally scheduled to be effective ...
    [Investment Advice—Participants and Beneficiaries, Final Rule; Delay of Effective Date and Applicability Date, 74 Fed. Reg. 23951 (May 22, 2009)]
  8. IRS Permits Plans to Suspend or Reduce Safe Harbor Nonelective Contributions if Sponsor Has Substantial Business Hardship
    From the May 21, 2009 EBIA Weekly
    The IRS has proposed amendments to the safe harbor plan regulations under Code Sections 401(k) and 401(m), permitting safe harbor plans to suspend or reduce safe harbor nonelective contributions during the plan year if the plan sponsor incurs ...
    [Prop. Treas. Reg. Secs. 1.401(k)-3 and 1.401(m)-3, 74 Fed. Reg. 23134 (May 18, 2009)]
  9. DOL Delays Final Investment Advice Regulations for 60 Days to Allow for Legal and Policy Review
    From the March 26, 2009 EBIA Weekly
    The DOL has decided to delay for 60 days the effective and applicability date of its recently published final regulations regarding investment advice for participants and beneficiaries of individual account plans. Those regulations, originally scheduled to be effective March 23, ...
    [Investment Advice—Participants and Beneficiaries, Final Rule; Delay of Effective Date and Applicability Date, 74 Fed. Reg. 11847 (Mar. 20, 2009)]
  10. Amended Regulation Z Under Truth-in-Lending Act Eliminates Disclosure Requirement for Most Retirement Plan Loans
    From the March 12, 2009 EBIA Weekly
    The Federal Reserve System’s Board of Governors (the Board) has amended Regulation Z to exempt most retirement plan loans from the disclosure requirement of the federal Truth-in-Lending Act. Generally, the Act requires lenders to provide borrowers ...
    [12 CFR Part 226, 74 Fed. Reg. 5244 (Jan. 29, 2009)]

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