by David Torrillo | Aug 26, 2019 | Employee Benefit Plans, Forms and Procedures, News and Press Releases, Policy Updates
In IRS Notice 2019-49, the Internal Revenue Service extends the temporary nondiscrimination relief for closed defined benefit plans that is provided in Notice 2014-5, 2014-2 I.R.B. 276, by making that relief available for plan years beginning before 2021 if the...
by David Torrillo | Jul 31, 2019 | Employee Benefit Plans, Forms and Procedures, News and Press Releases, Retirement - 401(k), 403(b)
DOL Issues Field Assistance Bulletin 2019-01. Field Assistance Bulletin 2019-01 provides guidance and temporary penalty relief related to certain Form 5500 Annual Return/Report requirements for multiple employer plans (MEPs) subject to Title I of the Employee...
by David Torrillo | Jul 31, 2019 | Employee Benefit Plans, Forms and Procedures, News and Press Releases
The Department of Labor issued Final rules for ARPs. The Department of Labor (DOL) has issued final regulations which make it easier for small businesses to provide retirement savings plans through “association retirement plans” (ARPs), by allowing small...
by David Torrillo | Jul 10, 2019 | Employee Benefit Plans, News and Press Releases
As expected, In July 2019, the AICPA Auditing Standards Board (ASB) issued AICPA Statement on Auditing Standards No. 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA (“SAS No. Read...
by David Torrillo | May 23, 2019 | Employee Benefit Plans, News and Press Releases
Julie Verrekia was recently featured on PICPA Podcast talking about protecting employee benefit plan information from Cybercriminals. Social Security numbers. Medical data. Financial information. The volume of personal information kept inside employee benefit plans is...
