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February 16, 2006
Today's sponsor: ASPPA • Working for America's Retirement™

(Click on company name or banner to learn more.)
Banner ad for ASPPA • Working for America's Retirement™

Sal L. Tripodi’s 2006 ERISA Outline Book now available

The’06 ERISA Outline book will give you what you need to succeed. Now with five volumes, these are the books that will tell you what you need to know, including:

Revised comprehensive 415 regulations
Expanded information on Roth 401(k) contributions
Final USERRA regulations

Order The ERISA Outline Book today!


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

Detailed Analysis of Proposed Regulations for Distributions from Roth 401(k) and 403(b) Plans
Excerpt: "The proposed regulations are effective for plan years beginning on or after January 1, 2007 except as otherwise noted below. However, in that §402A is effective for plan years beginning on or after January 1, 2006, a good faith interpretation of the statute is required for operating plans with a Roth feature in the 2006 plan year." (ERISA Expertise LLC)

Think Tanks Propose Legislation to Allow Automatic IRA Payroll Deductions
Excerpt: "Two think tanks proposed [February 14] that employers let workers make automatic payroll deductions to fund individual retirement accounts (IRAs), which could encourage tens of millions of Americans to save more for their old age." (USA TODAY)

ASPPA Adds Retirement Consulting Designation
Excerpt: "The American Society of Pension Professionals & Actuaries says 1,500 candidates have signed up to participate in its new Qualified Plan Financial Consultant program." (National Underwriter Life & Health; free one-time registration or paid subscription required)

Retirement News for Employers, Winter 2006 Edition (PDF)
9 pages. Excerpt: "[This edition includes articles titled:] Good For You...And good for your employees, too; Product Profile - SEP Retirement Plans for Small Businesses Publication; Roth 401(k) Update; Critical FewPoints...by Michael Julianelle (Director, EP Examinations); Net Gains; 'Timing is Everything' Archive; The Fix Is In: Common Plan Mistakes; The Filing Cabinet; DOL Corner; 'Timing is Everything' Flyer." (U.S. Internal Revenue Service)

Pension Reform Update (PDF)
9 pages. Excerpt: "At the time of this update, pension reform legislation is still pending in Congress, though little has developed since December. Separately, on February 1, 2006, the U.S. House of Representatives approved the Deficit Reduction Act of 2005 (DRA) which, among other things, increased PBGC flat rate premiums for plan years beginning after December 31, 2005. The Senate had already approved this legislation, and the President signed the DRA into law on February 8, 2006." (Hewitt Associates)

Provision to Pension Reform Bill Can Impact ERISA
Excerpt: "A possible provision to the pension reform bill can impact the Employee Retirement Income Security Act (ERISA) regulation has the eyes of the hedge fund industry, according to published reports." (InvestmentNews.com)

DOL Offers Retirement Planning Booklet
Excerpt: "The Department of Labor's (DoL) Employee Benefit Security Administration (EBSA) has released a publication to help those near retirement calculate the resources they will need in retirement." (PLANSPONSOR.com: one-time registration required)


Links to Items on Executive Comp, Benefits in General

Request for Comment -- Multiemployer Pension Plan Funding: Moody's Analytical Approach
Excerpt: "In this Request for Comment, [the authors] discuss Moody's analytic approach to evaluate the impact of under-funding in multiemployer defined benefit pension plans on the issuers of debt that participate in multiemployer plans." (Moodys.com; lengthy registration process required to access this document)

Blog: NYC's Equal Benefits Law Preempted
Excerpt: "From 365G.ay.com via Workplace Prof Blog comes word that lower state court dismissal of New York City's Equal Benefit Law has been upheld by the New York Court of Appeals." (BeneBlog)

New York City Domestic Partner Law Unenforceable, According to Court
Excerpt: "New York state's highest court has ruled New York City Mayor Michael R. Bloomberg does not have to enforce a city ordinance that would have required certain city contractors to provide domestic partner benefits to their workers." (Business Insurance)

Substantial Risks of Forfeiture -- Mintz Levin Deferred Compensation Advisory Series Issue No. 6
Excerpt: "The new rules, which are set out in §409A of the Internal Revenue Code ..., generally provide that, unless certain requirements are met, amounts deferred under a non-qualified deferred compensation plan will be includible in gross income in the year the amounts are no longer subject to a substantial risk of forfeiture and to the extent not previously included in gross income. Accordingly, what constitutes a 'substantial risk of forfeiture' is a matter of critical importance." (Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.)


Additional sponsor: ASPPA • Working for America's Retirement™

(Click on company name or banner to learn more.)
Banner ad for ASPPA • Working for America's Retirement™

NEW! Qualified Plan Financial Consultant

Qualified Plan Financial Consultant, QPFC, is a new professional credential for financial professionals who sell, advise, market or support qualified retirement plans.
QPFC will keep you abreast in an ever-changing marketplace while expanding your referral network.
Register for exams today!

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

Newly Posted Events
(Post Yours!)

Intermediate IRA Seminar
in Montana on March 1, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Ohio on March 2, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Washington on March 2, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Washington on March 3, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Texas on March 7, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in California on March 7, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Indiana on March 7, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in California on March 8, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Louisiana on March 8, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Texas on March 8, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in California on March 9, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminar
in Texas on March 9, 2006
presented by Wolters Kluwer Financial Services

Intermediate IRA Seminars
in Kentucky on March 1, 2006
presented by Wolters Kluwer Financial Services


Newly Posted Press Releases
(Post Yours!)

DataPath Introduces Fully-Automated, Electronic Substantiation of FSA-Eligible Items at Walgreens
(DataPath, Inc.)

Labor Department Unveils Resource to Help Americans Plan for Retirement
(U.S. Department of Labor, Employee Benefits Security Administration)

Benefit Resource's New Beniversal(TM) MasterCard(R) Adds Convenience to Consumer Driven Healthcare
(Benefit Resource, Inc.)


Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Employee Benefits Tax Senior or Manager
for Deloitte
in CA

Compliance Specialist
for Retirement Benefit Solutions, LLC
in VA

Compliance Manager
for The Retirement Plan Company, LLC
in TN

Assistant Director – Member Programs
for 1199SEIU Benefit and Pension Funds
in NY

Investment Advisor And Enrollment Specialist
for American Pensions, Inc.
in SC

Accounting Administrator
for Jocelyn Pension Consulting, LLC
in CA

Product Marketing Senior Manager
for Charles Schwab & Co., Inc.
in CA




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