Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
AimPoint Pension
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Congress Delivers 'CARES Package' to Employers
Eversheds Sutherland [Guidance Overview] Mar. 30, 2020 "It is not clear how a participant who previously treated a distribution as taxable would recapture the tax payments if the participant re-contributes the amount. The participant may be required to amend his or her tax return, but a deduction or other adjustment to the participant's current tax return would likely be a more straightforward methodology.... If an individual has already received a required minimum distribution in 2020, it appears that amount is now eligible to be rolled into an IRA or another qualified plan. Additional IRS guidance on this issue may be forthcoming." |
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). |