ERISA section 510 makes it unlawful for any person to discharge, fine, suspend, expel, discipline, or discriminate against a participant or beneficiary for exercising any right to which he is entitled or may become entitled under an ERISA plan. ...
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Retirement Plans Blog
What It Means To Be An ERISA Fiduciary
An overview of ERISA fiduciary rules...
ERISA's definition of "fiduciary" basically encompasses three categories of responsibility or activities with respect to an employee benefit plan. In addition to anyone who is specifically named as a ...
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ERISA Reporting Requirements
ERISA reporting requirements, as well as other retirement plan reporting requirements, can be daunting for plan sponsors and administrators new to the process. This article is an introduction to those requirements and responsibilities.
Form ...
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Oops! We’re in a Controlled Group of Companies. What Happens to Our 401(k) Plan Now?!
Whether you made the mistake of thinking that you were or were not in either a controlled group of companies (CG) or an affiliated service group (ASG), your plan will have fundamental tax qualification issues that must be corrected before you wind up ...
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Retirement Plans – IRS Gives New Options for Voluntary Correction But Also Takes Away
The IRS recently issued new guidance for voluntary correction of retirement plan qualification errors in Revenue Procedure 2021-30 (Rev. Proc). The IRS has given practitioners more options for self-correction, including extension of the time for ...
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Have You Been Keeping Up with Benefits Law Changes?
Quick! Raise your hand if you remember the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019). It was signed into law on December 20, 2019 (for those keeping score, it passed the House with a vote of ...
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