Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Compliance February 27, 2015
Guide Compares Plans for Tax-Exempt and Governmental Entities
The IRS has released a publication to help tax-exempt and governmental entities choose a retirement plan.
Reported by PLANADVISER staff
The Internal Revenue Service (IRS) has issued a publication, “Choose a Retirement Plan,” which offers a comparison of plan types available to employees of tax-exempt and governmental entities.
The publication includes a plan feature comparison chart with highlights of eight types of retirement plans—noting the latest tax laws specific to each plan.
For each plan type the guide answers such questions as:
- What is the maximum annual contribution?
- Are catch-up contributions allowed?
- What are the minimum employee coverage requirements?
- When do distributions begin?
The publication is here.
You Might Also Like:
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/06/21151318/PAPS-062124-lost-and-found-comments-432x243.jpg)
SECURE 2.0 Lost and Found Proposal Faces Industry Headwinds
ERIC and SPARK argue that the DOL’s data request goes beyond the intent of the statute and may create participant...
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/06/06123335/PAPS-060624-Roth-prorata-rule-2091229910-web-432x243.jpg)
Everything You Need to Know About Pro-Rata Rules
A review of the IRS and plan rules that can affect how participants can draw down their pre- and post-tax...
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/10115322/PAPS-051024-HSA-limit-increased-521814116-web-432x243.jpg)