by David Torrillo | Aug 8, 2014 | Employee Benefit Plans, News and Press Releases
Congress has passed, and the President is expected to sign, the Highway and Transportation Funding Act of 2014 (the Act). Included in the Act is a revenue-raising provision which expands the use of 25-year smoothing for pension plan funding purposes. Read...
by David Torrillo | Jul 2, 2014 | Employee Benefit Plans, News and Press Releases, Retirement - 401(k), 403(b)
Rules provide for greater security by giving American families more flexibility to plan for retirement and protect themselves from outliving their savings On July 1, 2014, the U.S. Department of the Treasury and the Internal Revenue Service issued final rules...
by David Torrillo | Jun 26, 2014 | Employee Benefit Plans, News and Press Releases, Retirement - 401(k), 403(b)
In a June 25, 2014 article “Court delivers win to 401(k) plaintiffs,” Chuck Epstein reports that employers could be held liable for holding company stock inside ESOP and 401(k) plans, especially if the stock falls in price and company executives failed to...
by David Torrillo | Jun 7, 2014 | Uncategorized
Congratulations to the 2014 Newtown Square Petticoat League Juniors Division Champions! This team reminded us what life is all about. Despite struggling early in the season, they stayed positive, kept each others spirits up and always made sure they had...
by David Torrillo | May 12, 2014 | Employee Benefit Plans, Forms and Procedures, News and Press Releases
The IRS has issued Notice 2014-35 which provides relief from late-filing penalties from the annual reporting requirements under Form 5500 series with respect to employee benefit plans. Under the notice, the IRS will not impose penalties relating to the filing of Form...
