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EPIC RPS
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Merkley Retirement Consultants
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Compensation Strategies Group, Ltd.
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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July Business Services
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BPAS
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Defined Benefit Specialist II or III Nova 401(k) Associates
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The Pension Source
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BPAS
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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DWC ERISA Consultants LLC
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2 Matching News Items |
| 1. |
Thompson Coburn LLP in Employee Benefit Review
June 8, 2014
"Sections 6055 and 6056 require a significant amount of new information to be reported to the IRS and furnished to covered individuals. Large employers and others tasked with gathering and reporting this information should be preparing the systems now to help assure compliance. It may make sense to test the compliance with the voluntary 2014 reporting (in early 2015)."
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| 2. |
Thompson Coburn LLP
Jan. 27, 2020
"[It] has been estimated that the total amount of retirement benefits unclaimed by U.S. employees exceeds $100 billion.... The GAO's report contained three primary recommendations.... [T]he IRS published Revenue Ruling 2019-19 dealing with a participant's failure to cash in 2019 a distribution check received from a qualified retirement plan.... The [ERISA Advisory] Council notes in the description of its review objectives that a plan administrator has a number of options for dealing with an uncashed retirement plan check."
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