EBIA Weekly Archives - 401(k)

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Results (834 articles found)


  1. IRS and Treasury Officials Provide Informal Views on Safe Harbor Contributions, ADP/ACP Testing Methods, and W-2 Imputed Income
    From the October 01, 2009 EBIA Weekly
    The Joint Committee on Employee Benefits (JCEB) of the American Bar Association has reported on its May 2009 Q&A session with IRS and Treasury officials. Highlights include unofficial, nonbinding remarks about these 401(k)-related plan topics: reducing ...
    [ABA Joint Committee on Employee Benefits, Meeting with IRS and Treasury Officials (May 7-9, 2009)]
  2. IRS Provides Guidance, Transition Relief, and Sample Amendments on 2009 RMD Waivers Under Recovery Act
    From the September 24, 2009 EBIA Weekly
    The Worker, Retiree, and Employer Recovery Act of 2009 (known as the Recovery Act or WRERA) waived required minimum distributions (RMDs) for defined contribution plans and IRAs for 2009 (see our article at http://www.ebia.com/WeeklyArchives/401k/Statutes/...
    [IRS Notice 2009-82 (Sept. 24, 2009)]
  3. DOL Releases New FAQs on All-Electronic Form 5500 Filing Under EFAST2
    From the September 24, 2009 EBIA Weekly
    The DOL’s EFAST website now contains 45 FAQs addressing EFAST2, the all-electronic filing system for Form 5500 that is scheduled to be available beginning January 2010. As background, final DOL regulations issued in 2007 require that all ...
    [EBSA EFAST2 All-Electronic Filing System" (Sept. 2009)]
  4. IRS Announces Retirement Plans Navigator Website for Small Businesses
    From the September 17, 2009 EBIA Weekly
    The IRS has announced a new website to encourage small businesses to establish retirement plans, including 401(k) plans, for their employees. The website, called the IRS Retirement Plans Navigator, is designed to help employers choose the right retirement plan ...
    [IRS Website: Retirement Plans Navigator]
  5. DOL Approves Use of a Summary Prospectus to Comply With ERISA Section 404(c)
    From the September 10, 2009 EBIA Weekly
    In this Field Assistance Bulletin (FAB), the DOL concludes that a mutual fund “Summary Prospectus” could be used to comply with the requirement in the ERISA 404(c) regulations that a plan fiduciary provide a prospectus to a ...
    [DOL Field Assistance Bulletin 2009-03 (Sept. 8, 2009)]
  6. 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)]
  7. 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)]
  8. TPA's Fiduciary Liability Was Properly Limited to the Amount of Health Plan Assets Over Which It Exercised Control
    From the September 10, 2009 EBIA Weekly
    A company edging toward bankruptcy stopped contributing to its self-funded health plan. The plan’s TPA terminated its contract with the company, and then wrote three checks (totaling approximately $10,700) on the plan’s account: one ...
    [Briscoe v. Preferred Health Plan, Inc., 2009 WL 2589678 (6th Cir. 2009)]
  9. Do the rules for suspending loan repayments during a regular leave of absence apply to military leave?
    From the September 03, 2009 EBIA Weekly
    QUESTION: We have several 401(k) plan participants who have been called to active military service and would like to suspend their plan loan repayments during their military leave. Do the rules for suspending loan repayments during a regular leave ...
  10. Employee's Letter in Response to Insurer's Decision to Close Claim Was Not an Appeal
    From the September 03, 2009 EBIA Weekly
    This case addresses what constitutes an appeal under the DOL claims procedure regulations. The employee in the case stopped going to work due to a health condition and sought benefits under her employer’s long-term disability plan. According ...
    [Celio v. First Unum Life Ins. Co., 2009 WL 2460785 (C.D. Cal. 2009)]

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