401(k) Plan Limits Issued for 2014
The IRS released the official dollar limit changes for defined contribution and defined benefit retirement plans.
Form 5500 Advance Copies Available
Advance informational copies of the 2013 Form 5500 were released in December. Retirement plans must file Form 5500 to report their financial condition, investments and operations.
Remind Eligible Employees About Saver's Tax Credit
The saver’s credit, also known as the retirement savings contributions credit, helps offset part of the first $2,000 that low- and moderate-income workers contribute to their 401(k) or similar plans.
Revisiting 401(k) Fees in a Post-Disclosure World
Employers have new opportunities to look closely at their existing 401(k) fee structures. Plan sponsors should review not just pricing levels but the overall pricing methodology.
Final Regs on Suspending 401(k) Safe-Harbor Contributions
On Nov. 15, the IRS issued final regulations on mid-year reductions or suspensions of “safe harbor” contributions made to 401(k) plans, revising proposed regs issued in May 2009. Safe-harbor notices may need to be revised.
Companies Move to 'De-Risk' Pension Plans
A growing number of U.S. employers are formalizing steps to de-risk their defined benefit pension plans through lump-sum payouts and annuity purchases.
Employers Boost 401(k) Match Contributions, Relax Eligibility Rules
The most common 401(k) match is now $1 per $1 on the first 6 percent of employee deferrals.