The U.S. Government Accountability Office (“GAO”) publicly released on July 29, 2014 a report on managed accounts in defined contribution plans. Below is the summary of the report (GAO-14-310). Why GAO Did This Study 401(k) plan sponsors have increasingly offered...
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...
Rev Rul 2014-9, 2014-17 IRB In a Revenue Ruling, IRS has provided two fact patterns under which, in the absence of evidence to the contrary, the plan administrator of a receiving plan will be deemed to have reasonably concluded that an amount received was a valid...
