Browsing Tag
Internal Revenue Service (IRS)
98 posts
The Internal Revenue Service (IRS) is the U.S. federal agency responsible for administering and enforcing tax laws. It collects taxes, processes tax returns, issues refunds, and ensures compliance with federal tax obligations. Operating under the Department of the Treasury, the IRS also provides taxpayer assistance, develops regulations, and combats tax fraud.
4 Reasons For 401(k) Advisors to Partner with TPAs
Innovation begins within, but certainly, those with whom we surround ourselves with influence our ideas, confidence, and ability…
Great News About 401(k) Participation Rates!
Retirement Plan Participation Rates show most workers join employer plans, with age and income boosting enrollment.
IRS Releases 401(k), IRA Contribution Limits for 2017
The contribution limit for 401(k) plan participants will remain unchanged next year at $18,000, as will the limit…
401k Form 5500 Made (Hopefully) Easier
Sometimes we think the 5500 stands for the number of head scratches plan sponsors experience when deciphering the…
3 New Methods for Correcting 401(k) Elective Deferral Failures
Industry research increasingly points to the positive benefits of both 401(k) automatic enrollment and automatic escalation features in…
IRS Loosens 401k Loans, Hardship Withdrawals for Louisiana Flood Victims
The IRS announced that it is relaxing loan and hardship withdrawal rules from 401(k)s and similar employer-sponsored retirement…
IRS Details Waiver of 60-Day 401(k) Rollover Rule
IRS and helpfully—call it the Seventh Sign of the Apocalypse. The IRS has “helpfully” detailed a self-certification procedure…
Why this 401(k) Plan Sponsor is Suing the IRS
Engaged in revenue sharing relationships in the past? Maybe a small fiduciary breach that might have once been…