"Retirement plan sponsors should consider adding to the plan limitation periods, implementing mandatory arbitration clauses, and including class action waivers and venue provisions to reduce exposure to lawsuits[.]"  MORE >>

"The ruling goes into significant depth in its criticism of the plaintiffs' failure to provide 'meaningful benchmarks' against which the alleged underperformance of the various Intel funds should be considered." [Anderson v. Intel Corp. Investment Policy Comm., No. 19-4618 (N.D. Cal. Jan. 8, 2022)]  MORE >>

"Pension benefits for employees of state and local governments are paid from trust funds to which public employers and employees contribute during employees' working years. Timely contributions are vital to both adequate funding and the sustainability of these plans.... This brief describes how contributions are determined; the recent public employer contribution experience; and trends in employer contributions over time."  MORE >>

"Social Security retirement benefits received between age 62 and the full retirement age (FRA) -- which falls between 65 and 67, depending on year of birth -- are generally subject to an actuarial reduction for early retirement and may also be reduced by the Retirement Earnings Test (RET) if the beneficiary has earnings that exceed an annual threshold." [IF12014, Jan. 11, 2022]  MORE >>

"The difference between taxes in one location versus another could be in the tens of thousands of dollars for some people. And, while most people tend to focus on income taxes, other taxes -- like sales and property taxes -- can add up quickly, too.... [This article ranks] all 50 states, plus the District of Columbia, based on how they tax retirees."  MORE >>

"Chapters in this series will focus on three core principles church plans often look to balance: Benefit adequacy, benefit equity, and benefit security. [The series] will discuss each of these principles in more detail, and how they interact with each other. [This first chapter discusses] pension plans in general, including their history and unique considerations for church plans."  MORE >>

"This chapter explores how an employer offering multiple benefits as part of total retirement income planning can lend itself to benefit adequacy."  MORE >>

"[This] chapter explores the benefit security of a church plan following these topics and issues: [1] Funding policy; [2] Has the funding policy been checked lately? [3] What are some ways to calculate our contribution? [4] Is it time to make a change? [5] Other considerations."  MORE >>

"This chapter explores what it means to have church plan status and how minimum standards may play a part in establishing a balance of the core principles of benefit adequacy, benefit equity, and benefit security."  MORE >>

"In what is the product of the sustained low-rate environment, many municipalities are considering addressing their pension position through bonds. This should be encouraged by policymakers and explored by pension systems.... Pensions are a known liability that municipalities cannot avoid; no matter the economic or financial conditions, they will have to pay out. Addressing the liability now, with rates at a historic low point, stabilizes pension funds and is a prudent financial solution. "  MORE >>

"Victims of flooding and mudslides beginning November 13, 2021 now have until March 15, 2022, to file various individual and business tax returns and make tax payments ... Individuals and households affected by the flooding and mudslides that reside or have a business in Clallam, Skagit, and Whatcom counties and the Lummi Nation, Nooksack Indian Tribe, and Quileute Tribe qualify for tax relief."  MORE >>

234 pages. "Calendar year 2021 was surely the most challenging year taxpayers and tax professionals have ever experienced -- long processing and refund delays, difficulty reaching the IRS by phone, correspondence that went unprocessed for many months, collection notices issued while taxpayer correspondence was awaiting processing, limited or no information on the Where's My Refund? tool for delayed returns, and -- for full disclosure -- difficulty obtaining timely assistance from TAS.... One irony of the past year is that, despite its challenges, the IRS performed well under the circumstances." [Also available: 2022 NTA Purple Book, Compilation of Legislative Recommendations to Strengthen Taxpayer Rights and Improve Tax Administration.]  MORE >>

"While [Professional Employer Organizations (PEOs)] respond to long-standing challenges faced by smaller employers and have the potential to increase access to workplace benefits, this Article argues that they also introduce new and significant governance concerns that are not adequately addressed by the existing regulatory framework.... [T]his Article recommends strengthening and uniformly applying registration, disclosure and oversight requirements for all non-employer intermediaries, including PEOs."  MORE >>

"Section 6039 of the Internal Revenue Code requires a corporation to furnish a written statement to any employee or former employee who either [1] exercised an incentive stock option ... during 2021 or, [2] during 2021, first transferred legal title to shares acquired under the corporation's employee stock purchase plan ... This requirement applies to both privately held and publicly traded corporations. The corporation must furnish these statements on Forms 3921 and 3922 no later than January 31, 2022."  MORE >>