Posts tagged ‘irs’

June 1 2016

What It Means for a Retirement Plan to Be Disqualified

Did your parents or a teacher ever threaten you with dire consequences in order to correct an undesirable behavior? “If you cross your eyes, they’ll get stuck that way.”  “Young man, this...

May 10 2016

Four Great Things the IRS Has Done for Us Recently

Right now, I am loving me some IRS. The agency everyone loves to hate each April 15 has been on quite a roll lately with some really great news for those of...

April 1 2016

How to Meet Form 5500-EZ Requirements With Competent Advisors

There is some confusion in Retirement Plan Land about who needs to file Form 5500-EZ and who doesn’t, according to an IRS compliance project. Some plan sponsors are turning to the wrong...

February 5 2016

A Gray Day: Goodbye to an Old Friend

I am registered to attend the national Enrolled Actuaries Meeting in April. I have missed this annual conference only once since 1997.  Unfortunately, a friend that has been there with me every...

August 5 2015

IRS: No More Lump Sum Buyouts for Vulnerable Retirees If We Can Help It

Think of a 75-year-old. Maybe it’s you, maybe it’s someone in your parents’ or grandparents’ generation. Let’s call the 75-year-old “Pat.” Imagine that Pat is receiving a steady payment of, say, $1,000...

April 23 2015

How Long Should You Maintain Plan Records? It Might Be Longer Than You Think

Late in 2014, the IRS posted an article on its website about how long retirement plan records should be kept.  With eager anticipation, I clicked on the article and found that it said…not...

April 8 2014

2014 Retirement Plan Restatement webinar with the VSCPA

Edin Cuskovic and Joseph Wiggins, in coordination with the Virginia Society of CPAs (VSCPA), will host a webinar about the 2014 Retirement Plan Restatement Cycle. This 1-credit hour course explains in detail...