GASB 68 Employer Allocation for NYSERS Report
Learn about the GASB68 report and how it will affect you.
Sep 21, 2015
New York State has the third largest pension fund in the United States with $184.5 billion in audited net assets (March 31, 2015) held in trust for pension benefits. There are...
Read moreIRS 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 morePenalty Relief Program for Late Filing of Form 5500-EZ
Form 5500-EZ returns are used only by plan administrators and plan sponsors of retirement plans that are not subject to the reporting requirements of Title I of ERISA and hence are used to satisfy only the reporting requirements of the Internal Revenue Code.
Jun 16, 2015
Form 5500-EZ returns are used only by plan administrators and plan sponsors of retirement plans that are not subject to the reporting requirements of Title I of ERISA and hence are...
Read moreHealthcare Alert! Transitional Reinsurance Program Submission Form Available
On Friday, October 24th the ACA Transitional Reinsurance Program Annual Enrollment and Contributions Submission Form became available on Pay.gov.
Oct 27, 2014
On Friday, October 24th the ACA Transitional Reinsurance Program Annual Enrollment and Contributions Submission Form became available on Pay.gov. The Transitional Reinsurance Program is a 3 year program which is funded...
Read moreIRS Posts Annual Cost-of-Living Adjustments for 2015
Read this to hear the details of the IRS's announcement on the annual cost-of-living adjustments for 2015.
Oct 24, 2014
Participants in 401(k), 403(b) and most 457 plans may contribute up to $18,000 in 2015 (plus an additional $6,000 for those who will be at least age 50 by the end...
Read moreDueling Circuits – Affordable Care Act Update
District of Columbia Circuit Court of Appeals has ruled against the Obama administration’s interpretation of a key provision of the Affordable Care Act.
Jul 22, 2014
A three judge panel from the District of Columbia Circuit Court of Appeals has ruled against the Obama administration’s interpretation of a key provision of the Affordable Care Act. The D.C....
Read more