Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Bates & Company, Inc.
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Guest Article
(From the January 4, 2010 issue of Deloitte's Washington Bulletin, a periodic update of legal and regulatory developments relating to Employee Benefits.)
Always of interest are the priority items the key regulatory agencies - the Internal Revenue Service, the Department of Labor, and the Pension Benefit Guaranty Corporation - have targeted for completion in the coming months. IRS and DOL both are concerned with lifetime income from defined contribution plans, and with guidance under the Mental Health Parity and Addiction Equity Act of 2008. The PBGC is focused on regulations concerning reportable events and statutory hybrid plans, among others.
Department of Treasury and Internal Revenue Service
On November 24, 2009, the Treasury Department and Internal Revenue Service issued a joint statement targeting a plethora of items for consideration during the remainder of this year (i.e., July 2009 through June 2010). The Priority Guidance Plan includes the following items.
Retirement Plans:
Executive Compensation, Health and Other Benefits:
The Department of Labor and the Employee Benefits Security Administration On December 7, 2009 the Department of Labor's Employee Benefits Security Administration released its semi-annual agenda, which targets, among other matters:
Pension Benefit Guaranty Corporation In its Agency Rule List for Fall 2009, the Pension Benefit Guaranty Corporation targets, among other matters:
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The information in this Washington Bulletin is general in nature only and not intended to provide advice or guidance for specific situations.
If you have any questions or need additional information about articles appearing in this or previous versions of Washington Bulletin, please contact: Robert Davis 202.879.3094, Elizabeth Drigotas 202.879.4985, Mary Jones 202.378.5067, Stephen LaGarde 202.879-5608, Bart Massey 202.220.2104, Mark Neilio 202.378.5046, Tom Pevarnik 202.879.5314, Sandra Rolitsky 202.220.2025, Deborah Walker 202.879.4955. Copyright 2010, Deloitte. |
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