Compass
|
AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
IRS Proposed Regs and New Guidance Regarding Lifetime Income Payments under Retirement Plans (PDF)
Buck [Guidance Overview] Feb. 27, 2012
In determining the maximum amount that can be applied to purchase the longevity annuity, all amounts previously applied to purchase such annuities would be counted toward the current limit. In addition, employers generally will be permitted to rely on an employee's representation regarding premiums paid under plans of other employers and IRAs (other than Roth IRAs) toward the $100,000 cap.
|
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). |