401k Answer Book Special Supplement Coverage And Nondiscrimination

Author : Great Western Retirement Services
Publisher : Wolters Kluwer Law and Business
ISBN 13 : 9780735591219
Total Pages : 1144 pages
Book Rating : 4.5/5 (912 download)

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Download or read book 401(k) Answer Book written by Great Western Retirement Services and published by Wolters Kluwer Law and Business. This book was released on 2010-10-13 with total page 1144 pages. Available in PDF, EPUB and Kindle. Book excerpt: 401(k) Answer Book, 2010 Edition provides coverage of 401(k) plan design, testing, taxation, reporting and disclosure, and termination, and brings you up to date on investment-related topics and regulatory guidance. Written by the experts at Great-West Retirement Services, the 2010 Edition is packed with special features, including: Practice pointers Checklists, charts, and sample notices Step-by-step procedures Examples showing how to apply concepts to real-world situations This comprehensive one-volume desk reference is a must have for pension administrators, benefits managers, fund managers, trustees, accountants, attorneys, human resource professionals, consultants, advisors, and anyone who deals professionally with 401(k) plans. Quite simply, the hunt for specific answers to important questions begins - and ends - with this clear, comprehensive resource. 401(k) Answer Book, covers all aspects of plan design and administration, as well as the relationships of 401(k) plans with other types of retirement plans. When participants, sponsors, or service providers ask you questions, this book gives you the answers. The 2010 Edition of 401(k) Answer Book brings the practitioner up to date on legal and regulatory updates relating to the Pension Protection Act of 2006 (PPA) and other recent developments that have had an impact on retirement plans, including: The Worker, Retiree, and Employer Recovery Act of 2008 (WRERA), including detailed information on PPA corrections and the 2009 waiver of the required minimum distribution (RMD) requirements Changes to Form 5500 filing requirements for 2009, including changes to Schedule C reporting of service provider fees and the new electronic filing requirements PPA-created automatic enrollment design opportunities: Automatic contribution arrangement (ACA), eligible automatic contribution arrangement (EACA), and qualified automatic contribution arrangement (QACA) IRS final regulations on EACAs and QACAs Updated automatic enrollment sample notice templates and comparison charts The Heroes Earnings Assistance and Relief Tax (HEART) Act of 2008 Qualified reservist distributions (QRDs) under the HEART Act Status of the DOL proposed regulations under ERISA Section 408(b)(2) on service provider fee disclosures Status of the DOL proposed regulations that would require disclosure to participants of certain investment- and fee-related information Information on when plan document updates are due for HEART, WRERA, and other legal developments New rules impacting truth-in-lending disclosure requirements applicable to participant loan programs DOL Field Assistance Bulletin 2008-04, providing guidance on ERISA bonding requirements Automatic enrollment plans and safe harbor 401(k) plans, including requirements applicable to a mid-year reduction to a safe harbor contribution DOL regulations regarding eligible investment advice arrangements (EIAAs) Final DOL regulations and subsequent clarifying guidance on qualified default investment arrangements (QDIAs) under ERISA Section 404(c) The 2010 Edition also offers practitioners a wealth of materials and guidance, including: A chart of key participant disclosures and notices with cross-references to chapters for detailed information Up-to-date sample notice templates for safe harbor 401(k) plan notices, automatic enrollment notices, and QDIA notices Sample Section 404(c) checklist reflecting QDIAs Information on rollover rights of nonspouse beneficiaries Practical information on partial plan terminations, plan mergers, and spinoffs Fiduciary guide