|
BenefitsLink Retirement Plans Newsletter
|
|
|
|
The biggest event of the year! [Advert.]
70+ interactive sessions on hot topics shaping the industry, meet with your Member of Congress, earn up to 25 ASPPA CPE credits/23 ERPA and JBEA CPE credits, 80+ displays in the exhibit hall and much more! Early birds save up to $500 on registration.
|
[Guidance Overview]
Filing Due Date Extended for Form 8955-SSA
"That means that for a calendar year plan that would otherwise have a filing due date of August 1, 2011, or October 15, 2011 (if a proper Form 5558 extension was filed), the plan will have until January 17, 2012 to 'timely file.' Note that the IRS has cautioned that no Form 5558 extensions will be granted to extend the filing due date beyond the January 17, 2012 due date."
(Fisher & Phillips LLP)
|
|
|
State of Kansas Unveils Voluntary Early Retirement Program to Reduce Payroll Costs
"Under the plan, participants could opt for a one-time $6,500 payment. The other option calls for the state to pay the employer's share of health insurance for 60 months for those on the individual plan or for 42 months for those in the member-plus-dependents plan—or until the retiring employee reaches 65."
(The Topeka Capital-Journal)
|
|
Secretary of Labor's Amicus Curiae Brief in Response to Court Order Regarding Donne, et al. v. Hardt, et al.
"On May 23, 2011, this Court issued an order inviting the Secretary of Labor . . . to file a brief addressing two issues that were of concern to the Court: (1) whether a finding that defendants are not liable to the Plaintiff Plan would bind the Department of Labor, and, if it would not, whether the Secretary is a required party in the plaintiff's action, and (2) whether allowing the suit to move forward with ERISA claims would, in any conceivable way, constitute contribution in contravention of Kim v. Fujikawa . . . ."
(U.S. Department of Labor)
|
|
Brief for Secretary of Labor, As Amicus Curiae in Support of Appellants Dudenhoeffer, et al.
"Whether the district court erred in dismissing on the pleadings a claim of fiduciary breach that plausibly alleged that the fiduciaries knowingly and imprudently caused participants to buy and retain employer stock at a price that was artificially inflated by misleading financial statements on the ground that the plaintiffs did not rebut a 'presumption of prudence' by sufficiently alleging the employer's 'dire financial predicament.'"
(U.S. Department of Labor)
|
|
|
Benefits in General; Executive Compensation
|
|
Just Exactly What Is a 'QSERP'?
"A QSERP is one of the names given to a perfectly legal strategy of shifting accrued or future benefits from a non-qualified retirement plan—where contributions are not immediately deductible, cannot accumulate tax-free, are available to creditors, and cannot be rolled over—to a qualified retirement plan—where contributions are immediately deductible, can accumulate tax-free, are not available to creditors, and can be rolled over (and that is only a partial list of the advantages)."
(Michael S. Melbinger via Winston & Strawn LLP)
|
|
Press Releases
|
|
BenefitsLink.com, Inc.
1298 Minnesota Avenue, Suite H
Winter Park, Florida 32789
Phone (407) 644-4146
Fax (407) 644-2151
Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Lois Baker, J.D., President
Holly Horton, Business Manager
Copyright © 2011 BenefitsLink.com, Inc. All rights reserved.
All materials contained in this newsletter are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of BenefitsLink.com, Inc., or in the case of third party materials, the owner of that content. You may not alter or remove any trademark, copyright or other notice from copies of the content.
Links to Web sites other than those owned by BenefitsLink.com, Inc. are offered as a service to readers. The editorial staff of BenefitsLink.com, Inc. was not involved in their production and is not responsible for their content.
More useful links:
|
|