Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Compliance November 7, 2016
Educational Resources Offered to Retirement Plan Sponsors by IRS
The agency announced the availability of “Issue Snapshots” about tax-related issues for retirement plan practitioners.
Reported by Rebecca Moore
The Internal Revenue Service (IRS) Tax Exempt and Government Entities (TE/GE) Knowledge Management team periodically issues research summaries called “Issue Snapshots” about tax-related issues for retirement plan practitioners.
Topics covered in the snapshots include church plan automatic contribution arrangements, nondeductible contributions to defined benefit plans and hardship distributions from 401(k) plans, among others.
In addition, the IRS has updated its SIMPLE IRA Plan Fix-It Guide as well as its 403(b) Plan Fix-It Guide.
You Might Also Like:
Respondents Recommend Simplicity, Data Sharing for Saver’s Match
Retirement industry representatives, providers and academics weighed in on how to best implement a federal matching program for lower-income savers.
Correcting 401(k) Auto-Enrollment Failures
ERISA experts Fred Reish and Joan Neri answer a question about addressing a plan sponsor client’s error in implementing automatic...
IRS Raises Limit on Tax-Free Charitable Donations From IRAs to $105,000 for 2024
The limit is up from $100,000 in previous years.