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5 New Job Opportunities
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[Official Guidance]
Text of 2024 Instructions for IRS Form 8915-D: Qualified 2019 Disaster Retirement Plan Distributions and Repayments (PDF)
"What's New: The repayment period for a qualified 2019 disaster distribution ends 3 years and 1 day after the
distribution was received. The only qualified 2019 disaster distributions for which you could make repayments in 2024 are those made in 2021 for the 2019 Puerto Rico Earthquakes disaster.... 2023 was the last year in which a coronavirus-related distribution could be repaid." [Also available: 2024 IRS Form 8915-D] MORE >>
Internal Revenue Service [IRS]
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District Court Decision Spotlights Coordination Between DOL and Plaintiffs' Firms
"The exposure of the secret relationship between the DOL and Harrison plaintiffs ... confirms many sponsors' and other fiduciaries' concern that information provided to the DOL (or any other regulator) while cooperating with an investigation might improperly be
shared.... [This] ruling suggests that courts may not look kindly on this kind of back-door information sharing and highlights the need for regulated parties and litigants to be proactive in avoiding or uncovering similar arrangements." [Harrison v. Envision Mgmt. Holding, Inc. Board of
Directors, No. 21-0304 (D. Colo. Sep. 11, 2024)] MORE >>
Thompson Hine
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GAO Examines the Impact of Plan Fee Disclosure Regulations on 401(k) Plans
"Although the disclosures have increased participants’ knowledge of their 401(k) plans, the GAO Report suggested
additional education is necessary as there are concerns about participants not being able to fully comprehend the information provided." MORE >>
Haynes and Boone, LLP
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Real Estate Drags on Public Pension Investment Performance
"Real estate dragged down returns for public pensions, just as venture capital pressured the performance of endowments and foundations. Many state plans with large real estate holdings -- including those for Connecticut, New Jersey, Washington, and Arizona -- fell short of their
benchmarks for their most recent fiscal years." MORE >>
Institutional Investor
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Merrill in Deferred-Comp Fight with Advisors Who Fled to RayJay
"A group of former Merrill Lynch financial advisors has filed a [FINRA] arbitration claim over deferred compensation ... [Four advisor] who left Merrill for Raymond James in August last year, accuse the wirehouse of improperly withholding their deferred compensation ...
Merrill rival Morgan Stanley is facing a similar lawsuit over its deferred-compensation plan. In that case, a judge ruled that Morgan Stanley's plan is governed by ERISA. Morgan Stanley has challenged that ruling." MORE >>
Financial Advisor IQ
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Two Industry Titans Team to Tackle Major Retirement Plan Issues
"Expanding retirement plan access, increasing participation, boosting engagement, and improving outcomes are ongoing and evergreen issues for the financial services industry. How can emerging technology help? Two industry giants ... recently released their RetireTech Map 1.0, an
illustration of 60 brands they say are driving critical change in the retirement plan industry." MORE >>
American Retirement Association [ARA]
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Employee Benefits Jobs
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Selected New Discussions |
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25th Anniversary of Daily BenefitsLink Newsletters
"Today is the 25th anniversary of the date the BenefitsLink Newsletter began daily publication.... (The newsletters had begun
four years earlier, but they weren't being published every day.) ... Some lawyers and TPAs and other benefits practitioners have found work through our job board that's been running since 1996 ... which means there are people walking around on the planet now who wouldn't be here but for this 'web site' thingie that started in 1995, and then the idea of sending 'newsletters' by 'email.' "None of that would have been possible without our readers.... [H]ere's to employee benefits practitioners everywhere! It's a wonderful community, and for 25 years now and still counting, we are so happy to be a part of it."
BenefitsLink Message Boards
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Amending Nonqualified Plan to Change Definition of Retirement Age - Impact?
"Plan currently has a retirement age of 55. They allow installments if you are retirement age when you separate, otherwise lump sum. Sponsor wants to change the retirement age to 60. My question is, can that be done retroactively for all current participants? or must it only be
allowed for new monies deferred after the amended change? It's not accelerating a payment and trying to track what and when someone is paid if they separate is going to be very cumbersome. I appreciate any thoughts on this."
BenefitsLink Message Boards
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IRA Beneficiary Deceased Prior to Distribution of Benefits - Can Estate Disclaim?
"Parent passed away and adult child passed away shortly thereafter. We are still within the 9 month disclaimer period from parent's date of death. The estate of the child wishes to disclaim IRA so it can pass other beneficiaries. Custodian says this can't be done. Are
they correct or can the estate disclaim because we are still in the disclaimer period? If possible to disclaim, any citation or other guidance to give the custodian would be appreciated."
BenefitsLink Message Boards
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Solo 401(k) RMD
"Individual is 75 opened a Solo 401k in 2024 and made a prior year contribution for 2023. The question is do they need to make RMD distribution for the 2023 year. If so, how would it be calculated since the prior year balance is $0.00?"
BenefitsLink Message Boards
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Webcasts and Conferences
(Retirement Plans / Executive Compensation) |
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ERISA Moments Ep. 28: The 2024 Election and What it Means for Retirement Policy
December 5, 2025 PODCAST
Faegre Drinker
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The Pension Risk Transfer Market: Insights, Trends and Regulatory Changes
December 5, 2025 PODCAST
WTW
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Executive Compensation Academy — What Happened in 2024: Year-End Review of Compensatory Items
December 12, 2025 WEBINAR
Hunton Andrews Kurth
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Last Issue's Most Popular Items |
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Text of IRS Notice 2024-82: 2024 Required Amendments List for Qualified and Section 403(b) Plan (PDF)
Internal Revenue Service [IRS]
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Things to Worry About: Automatic Enrollment
FredReish.com
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Year-End Deadlines and Dates for Employee Benefit Plans
Venable LLP
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Copyright 2024 BenefitsLink.com, Inc. 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 those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.
BenefitsLink® Retirement Plans Newsletter, ISSN no. 1536-9587.
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