Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Actions Can Be Taken to Further Improve the Strategy for Addressing Excess Contributions to IRAs (PDF)
Treasury Inspector General for Tax Administration [TIGTA] Apr. 9, 2015 "The overall objective of of this audit was to determine whether the IRS has an effective strategy to identify and address excess contributions made to IRAs.... While the IRS has taken action to address prior recommendations, TIGTA determined that additional improvements could be made.... TIGTA recommended that, when evaluating future efforts related to the IRA strategy, the Commissioner, Wage and Investment Division, should consider: [1] developing education materials for IRA custodians informing them of common mistakes made on information documents and the importance of submitting accurate information documents and [2] identifying a more complete and accurate universe of individuals who potentially made excess contributions from which to select potentially productive cases." |
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