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BULLETIN - August 26, 2005
Today's sponsor: DATAIR Employee Benefit Systems, Inc.

(Click on company name or banner to learn more.)
Banner ad for DATAIR Employee Benefit Systems, Inc.

Software for 401(k), DB and Flexible Benefits

DATAIR's IMPROVED BENEFIT ADMINISTRATION SOFTWARE for 401(k), Defined Benefit and Cafeteria/Flex plans. Designed for administrators and consultants. System modules include:
  • 5500s
  • Proposals
  • Administration
  • Plan Documents
  • Client & Task Manager
Training and support included. For free demo versions and pricing, contact sales@datair.com or call 1-888-328-2474.

(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)

Text of Rev. Proc. 2005-66: New Cyclical Remedial Amendment Program
Excerpt: "This revenue procedure establishes a system of cyclical remedial amendment periods under § 401(b) of the Internal Revenue Code ... for individually designed and pre-approved qualified plans." (Internal Revenue Service)

Text of Final Regs: Distribution of Life Insurance Contract from a Qualified Retirement Plan
Excerpt: "This document contains final regulations under section 402(a) of the Internal Revenue Code regarding the amount includible in a distributee's income when life insurance contracts are distributed by a qualified retirement plan and regarding the treatment of property sold by a qualified retirement plan to a plan participant or beneficiary for less than fair market value. This document also contains final regulations under sections 79 and 83 ..." (Internal Revenue Service)


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Editor and Publisher: David Rhett Baker, J.D.

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