Tag: Internal Revenue Service (IRS)

The Department of Labor (DOL) has increased full-scope audits of retirement plans, said Lisa Barton, a partner with Morgan, Lewis & Bockius.

Witnesses at a Senate hearing discussed Social Security reforms that could boost potential retirement income for workers.

The majority of final Form 5500s reviewed during a recent Internal Revenue Service (IRS) compliance assessment contained errors, many related to undistributed assets.

The Internal Revenue Service (IRS) announced safe harbor retirement plans can be amended mid-year for changes relating to language about same-gender marriages.

The defendants in one of the church plan court cases have had their status confirmed by a federal court.

The Internal Revenue Service (IRS) is seeking comments about the definition of real property for real estate investment trust (REIT) investments.

The Internal Revenue Service (IRS) is providing penalty relief for certain late filers of Form 5500.

The Internal Revenue Service (IRS) will hold a free phone forum this month about related employers.

The common law of attorney-client privilege is intended to enable clients to speak with their attorneys in trusted confidence about work-related issues.

In 2010, the Internal Revenue Service (IRS) launched a large compliance project, the 401(k) Questionnaire.

When performing annual retirement plan financial audits, plan sponsors and their auditors should look for potential “red flags” for regulators.

The Social Security Administration (SSA) announced that it will discontinue its letter-forwarding program, through which it attempts to help third-parties communicate serious financial or familial matters to “missing”...

Sponsors of both defined benefit (DB) and defined contribution (DC) retirement plans will need to review plan documents to ensure the definition of “spouse” conforms to current federal...

The most effective way to increase participation in retirement plans is to provide all workers with access to one and automatically enroll them, a research report suggests.

The Internal Revenue Service (IRS) has released guidance on the treatment of marriages of same-gender couples with regard to retirement plans.

The Internal Revenue Service (IRS) will hold a phone forum next month about retirement plan terminations.

Advocate Health Care Network in Illinois is the latest pension plan sponsor facing a challenge to its plan’s status as a “church plan.”

A federal court refused to dismiss a lawsuit against Saint Peter’s Healthcare System, holding that its retirement plan is not a “church plan” under the Employee Retirement Income...

The Internal Revenue Service (IRS) has modified Revenue Procedure 2013-22, which sets forth procedures for issuing opinion and advisory letters for § 403(b) pre-approved plans.

Aggregated qualified retirement plan audit data from the Department of Labor (DOL) shows that, of the 3,677 investigations closed in 2013, violations were found nearly 73% of the...