02-01-2012 - Data Collection: A Key Element In Providing Effective Plan Administrative Services

02-01-2012 - Retirement Plan Service Providers Waiting For Final Investment Disclosure Guidance

01-01-2012 - New Fee Disclosure Rules Set To Take Effect In April

01-01-2012 - One Participant Plans Now Able To File Electronically –And Maintain Privacy

01-01-2012 - IRS Widens User Fee Waiver Eligibility

12-01-2011 - 2011 Year End Tasks And Reminders

12-01-2011 - Completing Form 8955-SSA: IRS Settles Confusion For 2009/2010 Reporting

11-01-2011 - Reporting Terminated Vested Participant Has A New Twist

11-01-2011 - Reminder For 401(K) Plans: Participant Notices Due

11-01-2011 - Fifth Circuit Appeals Court: Produce Plan Documents!

10-01-2011 - Department Of Labor Issues Guidance On Electronic Fee Disclosures

10-01-2011 - Appeals Court To Retirement Plan Administrators: Don't Outthink Yourself

10-01-2011 - “Timely Mailed Is Timely Filed” – IRS To Allow Private Delivery Service Postmarks

09-01-2011 - Department Of Labor Audits Are Avoidable

09-01-2011 - September 15 Is Funding Date For Many Retirement Plans

09-01-2011 - Safe Harbor 401(K) Plan Start Ups And Notices

08-01-2011 - Tips For Locating “Missing” Plan Participants

08-01-2011 - “EGTRRA Restatement” of Defined Benefit Plans Under Way at NRS

08-01-2011 - Department of Labor Postpones 408(B)(2) Disclosure Rules –Again

08-01-2011 - IRS Issues Extension Form 5558 With Companion Rules

07-01-2011 - Save Your Plan Documents or Consider Protective Measures

07-01-2011 - IRS Issues Form 5500-EZ For Owner Only Plans Just In Time For July Filing

07-01-2011 - Employee Plans Compliance Unit –A More Efficient IRS

07-01-2011 - 2009 Terminated Participants Form 8955-SSA Now Available

06-01-2011 - U.S. Labor Department To Increase Internet Use

06-01-2011 - Form 5500EZ 2010 Filing: Deadline Nears With No Form Available

06-01-2011 - CIGNA Corp. V. AMARA: Supreme Court Provides A Unanimous Decision –With Mixed Implications

05-01-2011 - Plan Participant Loans And The Terminated Employee

05-01-2011 - IRS Putting Special Emphasis On Funding Deficiencies Compliance

05-01-2011 - Reminder: EGTRRA Restatement For Defined Benefit Plans

04-01-2011 - Defined Benefit Plan Preapproved Documents Must Be Restated

04-01-2011 - Frequently Asked Questions Concerning The EGTRRA Plan Document Restatement Process

03-01-2011 - Reminder: March 15 Is Due Date For 401(K) Refunds

03-01-2011 - Temporary Change In Self Employment Taxes For 2010

03-01-2011 - Key Factors To Consider Before Sponsoring A “412(E) (3) Fully Insured” Defined Benefit Plan

03-01-2011 - April 30, 2011 Is Last Day To File For Low Cost Relief On Tardy EGTRRA Restatements

02-01-2011 - Payroll Tax Cut Provides Source Of Additional Savings

02-01-2011 - IRS User Fees Escalate Dramatically In 2011

02-01-2011 - IRS Reverses Position On Preparer Application System

02-01-2011 - How Are We Doing? Please Complete The NRS Client Satisfaction Survey!

01-01-2011 - Key Factors To Remember When Sponsoring A Defined Benefit Pension Plan

01-01-2011 - Sign Of The Times: IRS Eliminates “Federal Tax Deposit (FTD) Coupon”



Economic Growth and Tax Relief Reconciliation Act (EGTRRA) Presents New Planning Opportunities for Employers

The Economic Growth and Tax Relief Reconciliation Act (EGTRRA) and other recent legislation increase the retirement saving and tax planning opportunities for business owners and their employees. Most notably, EGTRRA increases several of the dollar limits applicable to qualified retirement plans, such as the annual additions limitation ($40,000 for 2002), 401(k) deferral limit ($11,000 in 2002, then increasing by $1,000 each year until it reaches $15,000) and the maximum considered compensation, which jumps from $170,000 to $200,000 in 2002. The interplay of these higher limits with other available planning strategies offers many opportunities for re-designing an employer's retirement plans. Just click on the topics below to read about some exciting features that may be available to your company.

12-04-01 - Increased Profit Sharing Deduction Limits Makes Some Money Purchase Pension Plans Unnecessary

12-04-01 - 401(k) Plans Can Offer Additional ("Catch-up") Contributions for Participants Age 50 and Older

12-04-01 - Adding the "Safe Harbor" Feature to a 401(k) Plan Eliminates ADP Testing

12-04-01 - New Planning Opportunities for Contributing to Defined Benefit Plans (Even Frozen Plans)

12-04-01 - Don't Forget to Claim the Tax Credit for Fees and Costs of New Plans

12-04-01 - New IRS Minimum Distribution Rules Permit Lower Mandatory Distributions at 70 ½