TITLE

REGS ON INTERACTION OF VESTING, ANTI-CUTBACK RULES

PUB. DATE
October 2005
SOURCE
Practical Accountant;Oct2005, Vol. 38 Issue 10, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information about some regulations of the U.S. Internal Revenue Service that provide guidance on amendments under Sections 411(a)(3) and 411(d)(6) dealing with protected benefits under qualified retirement plans. The U.S. Supreme Court case Central Laborers' Pension Fund v. Heinz and the Economic Growth and Tax Relief Reconciliation Act have prompted the guidance. In its decision, the Court ruled that plan sponsors were prohibited from expanding postretirement categories of jobs in ways that would result in the suspension of payments of early retirement benefits their retirees already had accrued.
ACCESSION #
18482739

 

Related Articles

  • Retirement Plan Strategies. Steiner, Bruce D. // Journal of Retirement Planning;Jan/Feb2008, Vol. 11 Issue 1, p5 

    The article discusses the Internal Revenue Service technical advice memorandum (TAM) regarding the use of Individual Retirement Account (IRA) to fund a pecuniary bequest in the U.S. It explains that the ruling regarding the assignment of a portion of the IRA to the charities did not result in...

  • Have You Had Your Retirement Plan Check-Up This Year?  // Retirement News for Employers;10/2/2014, p1 

    The article lists several check points for basic operations of retirement plans in the U.S. including participation of eligible employees, impact of new laws on the past plans, and the plan document's terms. Topic discussed include Simplified Employee Pension Individual Retirement Arrangement...

  • Retirement Plan Reporting and Disclosure.  // Retirement News for Employers;10/2/2014, p1 

    The article discusses the importance of reporting and disclosure of retirement plans with the U.S. Internal Revenue Service (IRS) and the U.S. Department of Labor. It also lists requirements for the U.S. Department of Labor Reporting and Disclosure Guide for Employee Benefit Plans including the...

  • the IRA imbroglio. Slott, Ed // Financial Planning;Mar2005, Vol. 35 Issue 3, p64 

    Discusses the rules issued by the U.S. Internal Revenue Service (IRS) concerning the distribution of individual retirement accounts (IRA). Problems faced by financial advisers and their clients in keeping up with changes in IRA law; Implications of errors in IRA distribution; Ruling by the IRS...

  • IRS Provides More Clarity on New Rollover Rule.  // Plan Sponsor News;2014, p1 

    The article reports on the Notice 2014-2054 issued by the U.S. Internal Revenue Service (IRS), which has provided answers to questions received about the single-distribution rule for rollovers from retirement plans. It mentions that each distribution from the retirement plan must include a...

  • County offers early retirement plan. Czurak, David // Grand Rapids Business Journal;7/26/2010, Vol. 28 Issue 30, p4 

    The article reports on the new voluntary retirement incentive program launched by the Kent County Pension Board in Michigan, which involves giving back 50 percent of the next negotiated wage increase, and raising the employee annual pension contribution from 6.5 percent to 7.5 percent.

  • IRS Qualification Status Requirements for Article 3 Police Pension Funds.  // Illinois Register;5/2/2014, Vol. 38 Issue 18, p9507 

    The article presents a notice issued by Illinois Department of Insurance regarding the adoption of amendments in the U.S. Internal Revenue Service (IRS) Qualification Status Requirements for Article 3 Police Pension Funds effective from April 16, 2014. It discusses purpose of the amendment to...

  • A review of IRA and retirement plan tax changes. JONES, GEORGE G.; LUSCOMBE, MARK A. // Accounting Today;Jan2015, Vol. 29 Issue 1, p19 

    The article examines a number of tax changes affecting individual retirement accounts (IRA) and other qualified plans through guidance issued by the U.S. Internal Revenue Service (IRS) and court decisions. Topics discussed include taxable and non-taxable distributions, longevity annuities, and...

  • "We need a national retirement policy". Curtis, James A. // Financial Executive;Jul/Aug1990, Vol. 6 Issue 4, p43 

    This article presents the author's perspective on the need of a national retirement policy in the U.S. He is critical of the Internal Revenue Service for its inability to issue timely regulations, which leads to confusion among plan sponsors. He also feels that legislation is enacted without...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics