401(k) Student Loan Benefits? – IRS Private Letter Ruling May Clear the Way
Tuesday, August, 28, 2018
On August 17, 2018 the IRS issued a private letter ruling, which permitted an employer to provide a student loan repayment benefit offered through a 401(k) Plan. The student loan benefit program under the plan provided the employer to make a nonelective contribution to an employee based on the amount of student loan repayments made
- Published in Employee Benefit Plans, Forms and Procedures, News and Press Releases, Policy Updates, Retirement - 401(k), 403(b)
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IRS Issues 8 Benefit Plan Snapshots
Tuesday, June, 05, 2018
The Internal Revenue Service periodically issues Snapshots. Snapshots are employee job aids that provide analysis and resources for a given technical tax issue. Snapshots are developed through internal collaboration at the IRS and may evolve as the compliance environment changes and new insights and experiences are contributed. Read More
Torrillo & Associates, LLC Featured on PICPA – CPA Conversations
Monday, March, 19, 2018
Torrillo & Associates, LLC was recently featured on PICPA – CPA Conversations. CPAs auditing employee benefit plans are dealing with a lot of standards, including SAS No. 132 and FASB ASU No. Read More
- Published in Employee Benefit Plans, News and Press Releases
Fifth Circuit Court Vacates Fiduciary Rule
Friday, March, 16, 2018
Fifth Circuit Court Vacates Fiduciary Rule On March 15, 2018, in a 2-to-1 decision, the U.S. Court of Appeals for the Fifth Circuit reversed a lower court decision in Texas and issued a ruling vacating the Labor Department’s fiduciary rule. Read More