Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Manager, Defined Contribution (TPA)

HowardSimon, Strongpoint Partner
(Remote)

HowardSimon, Strongpoint Partner logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

Claims Adjuster

UEBT
(WA)

UEBT logo

Retirement Plan Administrator

CMC Pension Professionals
(Remote)

CMC Pension Professionals logo

Retirement Plan Administrator

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

Retirement Plan Administrator

Retirement Planners and Administrators (RPA)
(Remote)

Retirement Planners and Administrators (RPA) logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

American Academy of Actuaries Comment Letter to IRS: Increasing Flexibility Relating to Maintenance and Application of Funding Balances (PDF)
American Academy of Actuaries Link to more items from this source
[Opinion]
June 22, 2021

"Specifically we suggest: [1] Extending the deadline for elections to create or apply funding balances by one month to coincide with the Form 5500 filing deadline; [2] Extending the deadline for elections to reduce (waive) funding balances beyond the end of the plan year; [3] Modifying specific and standing elections to provide greater flexibility by allowing formulaic elections; and ... [4] [P]roviding an additional standing election to waive funding balances under certain circumstances."

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).
© 2024 BenefitsLink.com, Inc.