Text/HTML


IRS Issues

This station houses posts and commentary on regulatory requirements and developments at the IRS affecting NTSA members, including the regulatory development process, changes in existing requirements, best practices in ensuring that clients remain in compliance with the tax code and IRS rules, and inside-the-IRS news.


 

 

 

IRS Issues

IRS Issues

By NTSA Net Staff12/9/2015 • 0 Comments

The IRS in Notice 2015-86 has provided guidance on how the U.S. Supreme Court's ruling Obergefell , which overturned state laws and constitutional amendments that defined marriage as occurring between a man and a woman, applies to retirement plans. READ MORE

By NTSA Net Staff12/8/2015 • 0 Comments

In Tech Talk, Ellie Lowder tells us whether a public school district can exclude employees who work 30 or less hours per week from participation in their 457(b) plan, or if it is forbidden to do so as it would be if the plan was a 403(b).
READ MORE

By NTSA Net Staff12/3/2015 • 0 Comments

The Department of Labor (DOL), IRS and Pension Benefit Guaranty Corporation (PBGC) on Dec. 3 released advance copies of the Form 5500 Series to be used for 2015 reporting. READ MORE

By NTSA Net Staff12/1/2015 • 0 Comments

Legislation that would amend the rules for church plans and 403(b)s in a variety of ways is now before both chambers of Congress. READ MORE

By NTSA Net Staff11/30/2015 • 0 Comments

In MarketBeat, Linda Segal Blinn argues that it’s important to learn the key differences between 403(b) and 457(b) plans and offers a discussion of how they differ in several key respects.
READ MORE

By NTSA Net Staff11/30/2015 • 0 Comments

In Tech Talk, Ellie Lowder tells us whether it is true that one cannot continue to contribute to a SIMPLE IRA after age 70½, and also must take required minimum distributions. READ MORE

By NTSA Net Staff11/20/2015 • 0 Comments

In MarketBeat, David Blask answers questions that can arise concerning penalty-free premature distributions from retirement plans such as 403(b) plans and IRAs that are allowed due to disability. READ MORE

By NTSA Net Staff11/20/2015 • 0 Comments

In Tech Talk, Ellie Lowder tells us if a key employee of a public school district who retired but had not established a 403(b) account can establish one after he left the job. READ MORE

By NTSA Net Staff11/17/2015 • 0 Comments

In MarketBeat, Robert Toth argues that when a 403(b) plan purchases collective trust interests there can be trouble in the details and identifies two issues that must be addressed. READ MORE

By NTSA Net Staff11/9/2015 • 0 Comments

In Tech Talk, Ellie Lowder tell us whether, in calculating the 403(b) 15 year catch-up contribution opportunity, one includes all previous 403(b) and 457(b) contributions or just the previous 403(b) contribution. READ MORE

By NTSA Net Staff11/6/2015 • 0 Comments

The IRS has issued a draft of the Form 5500-EZ to be used by one-participant retirement plans for 2015 information reporting. READ MORE

By NTSA Net Staff11/3/2015 • 0 Comments

PenServ Plan Services President and NTSA Immediate Past President Sue Diehl, in the latest NTSA Podcast, “457 Top Hat Plans: Tips and Traps,” discussed non-profit employers looking to set up 457(b) plans like their governmental counterparts. READ MORE

By NTSA Net Staff11/2/2015 • 0 Comments

The Social Security Administration and the IRS have issued the Fall 2015 edition of their joint online newsletter, the SSA/IRS Reporter, This edition includes information on issues related to retirement plans and compliance. READ MORE

By NTSA Net Staff10/29/2015 • 0 Comments

The IRS issued a reminder in IR-2015-122 on Oct. 29 that those born before July 1, 1945 generally must receive payments from their IRAs by Dec. 31. READ MORE

By NTSA Net Staff10/26/2015 • 0 Comments

In Tech Talk, Ellie Lowder tells us which forms you would use if you are helping an employer with 10 employees establish a SIMPLE IRA. READ MORE

By NTSA Net Staff10/21/2015 • 0 Comments

As expected, most of the compensation limits for 2016 are unchanged, because the increase in the cost-of-living index did not meet the statutory thresholds that trigger their adjustment — but there were some increases in the rates the IRS released on Oct. 21. READ MORE

By NTSA Net Staff10/16/2015 • 0 Comments

In MarketBeat, Ellie Lowder discusses the need for advisors to have a clear grasp of the orphan account requirements as they assist clients with understanding those requirements and managing the 403(b) accounts held by de-selected providers. READ MORE

By NTSA Net Staff10/6/2015 • 0 Comments

The NTSA has made two recommendations to the IRS in a comment letter concerning IRS Announcement 2015-19 and how the announcement affects 403(b) plans. READ MORE

By NTSA Net Staff10/6/2015 • 0 Comments

In MarketBeat, Robert Toth discusses the IRS’ Advisory Committee on Tax Exempt and Government Entities and its recommendations concerning 403(b)s. READ MORE

By NTSA Net Staff10/5/2015 • 0 Comments

The IRS Tax Exempt & Government Entities Office has issued its priorities for fiscal year 2016; among them are plans that concern TEGE’s work with employee plans and with government entities and shared services. READ MORE

«« First |1 2 3 4 5 6 7 ... 11 12 13 14 15 16 17 18 19 20 | Last ››

DNN Web Control Container

0