Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Hall County Government
|
AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
IRS Determination Letter Program to Be Curtailed
Towers Watson June 23, 2015 "The scaled-back program would shift the risk of a defective or missing provision to the plan sponsor -- and potentially to plan participants. This risk would accompany all provisions required or added after the IRS' initial determination letter. Such document-based claims might arise through an IRS audit or through a participant dispute about plan benefits. In an audit, the sponsor could face penalties as part of the correction process and might need to modify benefit amounts retroactively." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |