Pension Protection Act of 2006


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Pension Protection Act of 2006

Legislation in the United States requiring companies to pay higher premiums to the Pension Benefit Guaranty Corporation (which insures pensions) if those companies' pensions are underfunded. It also provides greater tax benefits for companies that invest in their own pensions.
References in periodicals archive ?
We also investigate whether changes in the speed of funding mandated by the Pension Protection Act of 2006 have an incremental effect on investment efficiency.
The most recent overhaul of ERISA regulation was the Pension Protection Act of 2006 ("PPA").
1) You could await final legislative and regulatory enactment by Congress and the Department of Labor and then determine your course of action; or, 2) you could continue to follow the guidelines set forth in the Pension Protection Act of 2006.
Many of the organizations likely were not required to file tax returns before the Pension Protection Act of 2006 went into effect because they had annual revenue of less than $25,000.
As an attractive companion to the Roth conversion opportunity, the Pension Protection Act of 2006 created a "stretch" provision that allows a non-spouse beneficiary who inherits assets in a qualified plan to transfer the balance in that plan directly to an inherited IRA, and then to elect to spread distributions from that IRA over a lifetime.
VanDerhi said as a result of the Pension Protection Act of 2006, many 401(k) plan sponsors appear to be offering lifecycle and target-date funds, which automatically rebalance asset investments into more age-appropriate allocations.
Declining investment values has resulted in many companies' inability to fund pensions under the Pension Protection Act of 2006.
Congress is likely to backtrack on some pension funding provisions in the Pension Protection Act of 2006.
The Pension Protection Act of 2006 allows taxpayers 70 1/2 years old and older to make tax-free transfers from IRAs to certain charitable organizations, including CLF.
The Pension Protection Act of 2006 (Pension Act) has several provisions encouraging individuals to make charitable contributions.
Treasury provide guidance on new rules enacted as part of the Pension Protection Act of 2006 (PPA) that restrict benefits in underfunded pension plans.
It is designed to offer assistance in crafting and using forms and notices for all types of employers and plans and includes information on the Pension Protection Act of 2006.