Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|Bills Aim to Clarify Church Plan Rules|
Nov. 20, 2015
"The bills, both called the Church Plan Clarification Act of 2015 (S. 2308, H.R. 4085), would correct several legal and regulatory issues that such pension plans face, lawmakers said in a news release Nov. 19.... The legislation would tackle five distinct issues, including rules on controlled groups, grandfathered defined benefit plans, automatic enrollment, transfers between 403(b) and 401(a) plans, and 81-100 trusts, the release said."
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