Multiple-employer plans for small businesses
This item discusses some of the conditions set out in the rule for an employer group or association to join together to establish an MEP and who can be covered under the plan.
Types & Qualifications
Applying grandfather status to certain health care arrangements
Regs. Sec. 54.9815-1251 defines a grandfathered health plan as coverage provided by a group health plan, or a health insurance issuer, in which an individual was enrolled on March 23, 2010.
Another alert for IRAs investing in master limited partnerships
This article discusses what is needed to help clients who have an IRA invested in PTPs pay the correct amount of tax.
Issues in converting phantom stock plans to actual ownership
If the plan is changed in exchange for actual ownership, the results under Sec. 409A are vastly different for phantom stock plans, stock options, and SARs.
Considerations for financial firms that waive investment fees for employees
This article discusses a few relevant questions that employers offering fee-free or reduced-fee investments should consider.
3 common misconceptions about defined benefit plans
There are choices in setting up a plan, and the plan sponsor should understand the advantages and disadvantages of different plan design choices.
Compensation and benefit deductions when domesticating a CFC
This item briefly discusses some risk areas for newly domesticated CFCs to help advisers spot issues for clients.
Correcting excess contributions to IRAs
Excess contributions to IRAs are generally subject to a 6% excise tax each year until they are eliminated from the account. This article identifies the ways taxpayers can eliminate excess contributions and discusses the pros and cons of using the different methods in various situations.
SECURE Act changes rules to encourage retirement savings
The act contains changes to existing law, mostly designed to encourage retirement savings and to make it easier for employers to offer retirement plans.
Alert for IRAs holding master limited partnerships
The Forms 990-T prepared by the accountant hired by the broker may be wrong, and not usually in the client’s favor.
Stock-based compensation: Back to basics
This item summarizes some fundamental income tax considerations for employers related to stock-based compensation under U.S. federal income tax laws.
Corporate transactions’ effect on retirement plans
This article discusses several key factors that CPAs and benefit plan advisers should consider to help successfully integrate plans during a merger or acquisition.
5 key benefits of cash balance plans
These plans offer much greater flexibility than traditional defined benefit plans, which have more rigid requirements.
Why small business owners should have a qualified retirement plan
Increasing contributions can qualify some business owners for additional tax deductions.
If and when to borrow from a qualified retirement plan
This article analyzes how an employee should decide whether to borrow from his or her qualified retirement plan.
Abusive Roth IRA transactions
The IRS identified transactions that improperly avoid limits on contributions to Roth IRAs.
IRS announces 2018 pension contribution limits under tax reform act
The IRS revealed that the recalculated 2018 pension contribution limits are unchanged from the numbers issued before the tax reform bill was enacted.
IRS announces 2018 pension plan contribution limits
The IRS released the inflation-adjusted amounts that apply to pension and 401(k) plans for 2018.
The 60-day rollover rule: Self-certifying waiver eligibility
A recent IRS pronouncement allows self-certification of some permissible reasons for a waiver of the 60-day requirement for rollover contributions.
2018 pension plan contribution limits are announced
The IRS released the inflation-adjusted amounts that apply to pension and 401(k) plans for 2018.
