Administrators of employee benefit plans, as well as qualified
retirement plans should determine if they meet the definition of fiduciary.
Retirement plan contributions for the owner are not deductible in computing SE tax.
As more employees count on employer-sponsored plans as their primary source of retirement income, it's crucial that employers and employees communicate when making decisions about their
retirement plan.
Concluding that the law reflects the difference between carrying on a trade or business as a sole proprietor or partner as opposed to being an S shareholder, the court pointed out that S corporations can establish
retirement plans for their employees, including those who are shareholders.
Nationwide recognizes that
retirement plan legislation can be complex, even overwhelming, for
retirement plan professionals who already have so much on their plates," said Karen Eisenbach, vice president of
retirement plans marketing for Nationwide Financial.
Sometimes a qualified
retirement plan allows for in-service distributions.
is a national investment advisory firm specializing in
retirement plans.
A QDRO creates or recognizes an alternate payee's (spouse, former spouse, child or dependent of a participant) right to all or a portion of a participant's
retirement plan benefits.
Retirement Plan Trends in Today's Healthcare Market - 2006 focuses on healthcare organizations' defined contribution
retirement plans with the largest number of participants other than their 401(a) plan.
4980A imposes an excise tax of 15% on excess distributions from qualified employer plans and individual
retirement plans (defined in Sec.
For those with the means to step up their retirement savings, a frequent consideration is the limitation on annual contributions to qualified
retirement plans.
In Letter Ruling 9232041, a decedent's remaining balance in a qualified
retirement plan was paid to a grantor trust established by the decedent for the benefit of the decedent's spouse.
