IRS Release Prohibits Defined Benefit Lump-Sum Annuity Buy Outs
This notice prohibits a sponsor of a defined benefit (DB) pension plan from offering a lump sum to a retired participant. Read more.
Jul 20, 2015
On July 9, 2015, the IRS issued Notice 2015-49, “Use of Lump Sum Payments to Replace Lifetime Income Being Received by Retirees Under Defined Benefit Pension Plans.” This notice prohibits a...
Read moreMultiemployer Pension Reform Includes Sweeping Changes
On December 16, 2014, the President signed into law a bill which included significant provisions for Multiemployer Pension Plans. Learn more about it.
Dic 17, 2014
On December 16, 2014, the President signed into law a bill which included significant provisions for Multiemployer Pension Plans. The applicable section of the bill is referred to as the Multiemployer...
Read moreAffordable Care Act Employer Mandate- Play or Pay in 2015?
Learn how the Affordable Care Act Employer Mandate can affect you.
Oct 20, 2014
The Affordable Care Act (ACA) includes provisions to encourage applicable large employers to: Provide health care coverage to employees Make coverage affordable These ACA provisions impart an employer surcharge on those...
Read more