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Everything posted by Lois Baker
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When Are the 2020 COLA Amounts Being Announced?
Lois Baker replied to rocknrolls2's topic in Retirement Plans in General
Finally! https://www.irs.gov/pub/irs-drop/n-19-59.pdf -
Here you go: https://www.irs.gov/pub/irs-drop/n-19-59.pdf
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Tom, I'd just like to add a belated but heartfelt and public thanks from the folks at BenefitsLink (Dave, Holly and myself) for all you've contributed over the years. Your wit, wisdom and consistent participation have been invaluable -- you will be missed. Lois
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Looking for old Revenue Ruling 80-155
Lois Baker replied to justanotheradmin's topic in Retirement Plans in General
Thanks, Suzanne -- "It's what we do". Actually, I've been quite surprised to learn how much history has been archived online by the agencies -- pretty much everything is out there somewhere if you can figure out where to look. -
Looking for old Revenue Ruling 80-155
Lois Baker replied to justanotheradmin's topic in Retirement Plans in General
Rev. Rul. 80-155 was published in 1980-1 C.B. 84 -- which is indeed online. See page 102 of this large PDF (760 pages). -
Old Eligibility Requirements
Lois Baker replied to ConnieStorer's topic in Retirement Plans in General
Change in eligibility age was part of REA, effective for plan years beginning after 12/31/1984: https://www.govinfo.gov/content/pkg/STATUTE-98/pdf/STATUTE-98-Pg1426.pdf -
Summary Annual Report Model Notice Updates
Lois Baker replied to 5500sorBust's topic in 401(k) Plans
Links to the EBSA updates were included in the BenefitsLink Retirement Plans newsletter and the BenefitsLink Health & Welfare Plans newsletter last Wednesday (June 5). Here's what CBIZ noted about changes: -
"Beginning April 19, 2019 ... SCP is available to correct certain plan loan failures.... Reporting of deemed distributions ... Plan loan statutory failures.... Failure to obtain spousal consent for a plan loan.... Expanding SCP to correct certain plan loan failures by plan amendment.... [T]he Treasury Department and the IRS received comments on permitting the correction of Overpayments under SCP, and are currently developing guidance on these issues."
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Article from today's BenefitsLink Retirement Plans newsletter might be of interest here: https://www.morningstar.com/videos/904333/what-to-do-if-you-missed-your-rmd.html
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How to change avatar
Lois Baker replied to BG5150's topic in Using the Message Boards (a.k.a. Forums)
Click on your name, immediately above the "search" box at the top right. From the dropdown, select "Profile". The small round graphic to the left of your name is what appears as your avatar -- click on the grey "image" icon, and you should get a popup that will allow you to upload/change. -
October 417(e) Interest Rates
Lois Baker replied to Sellarsian's topic in Defined Benefit Plans, Including Cash Balance
https://www.irs.gov/pub/irs-drop/n-18-86.pdf -
October 417(e) Interest Rates
Lois Baker replied to Sellarsian's topic in Defined Benefit Plans, Including Cash Balance
Is this what you're looking for? https://benefitslink.com/news/index.cgi/view/20181015-146171 -
If you can import to Thunderbird, it does appear there's a way to save all emails as PDFs -- with attachments.: https://www.coolutils.com/Thunderbird-PDF-Attachments No endorsement here, but I did run a trial and it appears to work. Hope that helps.
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Proposed regs released for Hardship Withdrawal changes made by TCJA and BBA2018. Also includes relaxed rules for those affected by Hurricanes Florence and Michael. https://benefitslink.com/newsletters/2018/2018_11_09_retirement_bulletin.html
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IRS Proposed Regs just released to extend relaxed Hardship Withdrawal rules for those affected by Hurricanes Florence and Michael: https://benefitslink.com/newsletters/2018/2018_11_09_retirement_bulletin.html
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If I recall correctly, the expanded relief after prior hurricanes required legislative action, not simply EBSA/IRS guidance. (Maybe somebody can confirm that?) And federal legislation has been ... slow ... lately. Best source for the latest information is probably the IRS "Hurricane Florence" page: https://www.irs.gov/newsroom/help-for-victims-of-hurricane-florence If any sort of relief is forthcoming, it will almost certainly be posted there.
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They're here! https://benefitslink.com/newsletters/2018/2018_11_01_retirement_bulletin.html
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Isn't everything? Life has come to a total halt for the next week, right?
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This request for relief just released by ARA: https://www.napa-net.org/wp-content/uploads/18.10.04Hurricane-Florence-relief-request.pdf
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IRS Disaster Relief Notice NC-2018-03 https://www.irs.gov/newsroom/tax-relief-for-victims-of-hurricane-florence-in-north-carolina "The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 866-562-5227 to request this tax relief. ... Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. Reg. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief."
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Pretty sure I've found and fixed the problem. Please take a look and let me know. (and thanks for your patience!)
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OK - I'm not seeing the newsletter signup box. But that gives me an idea of where to look. Thanks.
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Well, I'm mystified -- I can't duplicate that at all. You tried ctrl-F5, and it's still happening? The software upgrade apparently did alter some of our customization; thought we'd found all of it, but apparently not. Happening only in Firefox? (i.e., did you try another browser?) I'll poke around a bit more under the hood; has to be an answer somewhere.
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I'm using Firefox on a PC, and can't duplicate that behavior -- the message content is the full width of the top menu. If I drag the right-hand edge of the browser to make the window narrower, the menu (top and left side) disappears when the window is less than 1000 px wide -- but at all times the messages are the full width of the window (i.e., wide enough to be comfortable). Could you please try ctrl-F5 to refresh, and see if the problem is still there? (sometimes Firefox is slow to see changes) If that doesn't fix it, could you please see if anything changes if you make the Firefox window wider or narrower? (click on the right-hand edge, and drag it in and out) We'll get it fixed!
