Monthly Archives: September 2009

The Fix Is In: Common Plan Mistakes – Top-Heavy Errors in Defined Contribution Plans

The Issue Many of you have a 401(k) plan or some other form of defined contribution plan that needs to meet what are called “top-heavy plan rules.” These rules are found in section 416 of the Internal Revenue Code. The … Continue reading

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Some Frequently Asked Questions

This is in no way a complete list of questions, but it represents many of the topics that concern clients, brokers and employees What are ADP/ACP Tests? A test designed to prevent discrimination in 401(k) plans. It compares the amount … Continue reading

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What is a 1099R?

Form 1099R is an IRS form reporting a taxpayer’s distributions from pensions, annuities, IRAs, insurance contracts, profit-sharing plans and/or retirement plans (including section 457 state and local government plans). Form 1099R must be sent to the taxpayer by January 31 … Continue reading

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ERISA plan record retention: how long is long enough?

Attorney Rush Nigot blogging about Document Retention and Electronic Discovery on his new Blog, Rush on Business, tells us that in today’s business environment, organizations need to respond to an increasing number of document requests, from regulatory compliance issues to … Continue reading

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