Monthly Archives: August 2010

Plan Sponsor Quick Tips: Get Acquainted With Your Plan Documents

Today is 401kBasics’ first post of a new weekly series called “Plan Sponsor Quick Tips”. Each Monday we’ll post a new tip to assist plan sponsors in filling their fiduciary role and running their retirement plan efficiently. Your feedback or … Continue reading

Posted in Plan Administration | 1 Comment

All About Roth 401k’s

Do you have questions on Roth 401k’s? Well here are the FAQs to set the facts straight. The Roth 401(k) is the hottest new retirement product to come along in quite a while. What is the basic difference in the … Continue reading

Posted in Participant Guidance, Plan Administration | Tagged | 1 Comment

Keep the Course: Is Your Employer Misusing Your 401k Contributions?

Each Wednesday 401kBasics posts a new article in a weekly series called “Keep the Course”. This series is designed to give the average consumer information on how to keep their 401k plan on track! . Your feedback or suggestions on … Continue reading

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Do You Have Funds In Your Forfeiture Account?

In its Spring 2010 issue of Retirement News for Employers, the IRS stressed the importance of timely allocating forfeitures within defined contribution plans.  Also included was the recommended correction method for when a plan sponsor fails to allocate forfeitures to participants … Continue reading

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Keep The Course: Don’t Let That Enrollment Kit Scare You—4 Easy Steps To Get Started On Your 401(k)

401kBasics is starting a new weekly series called “Keep the Course”, which is designed to give the average consumer information on how to keep their 401k plan on track! Each Wednesday we’ll post a new article. Your feedback or suggestions … Continue reading

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IRS Extends Filing Deadline for New Form 8955-SSA

According to the Internal Revenue Service (IRS) July 2010 Special Edition of Employee Plans News, plan administrators of defined benefit and defined contribution plans will not be required to file Form 8955-SSA for the 2009 plan year until the IRS … Continue reading

Posted in Compliance | 2 Comments