Summary of results and findings from the Employee Plans 401(k) Compliance Check Questionnaire

How to correct common mistakes in 401(k) plans using IRS EPCRS.

Discussed Revenue Procedure 2013-12 and the various changes to the IRS correction programs.

Discussed Announcement 2012-44 and the options available to employees their families and plan sponsors.

Borrowing limits, repayment terms and more.

Employees vs. independent contractors and how their status can affect your plan.

The importance of strong internal controls for retirement plans and tips for implementing effective practices and procedures

Using the March 2012 revised power of attorney form.

Discussed Revenue Procedure 2013-12 and the various changes to the IRS correction programs.

Discussed the Moving Ahead for Progress in the 21st Century Act (MAP-21) and recently released related guidance.

Discussion on guidance issued in 2012 in response to the Adminstration's initiative to encourage lifetime annuity options for retirees.

Important facts about using the Self Correction Program (SCP) under EPCRS to fix operational mistakes and keep your retirement plan qualified.

Learn about correcting errors found during an Employee Plans examination through an Audit Closing Agreement (Audit CAP).

Learn how IRAs can help to increase the money available for you at retirement by sheltering your savings from taxes.

EP Examination: tour the EPTA web page currently being used by large case practitioners and plan sponsors.

Important facts about maintaining your plan to keep it in compliance. Easy ways to fix mistakes to protect your retirement.

Important facts about maintaining your plan to keep it in compliance. Easy ways to fix mistakes to protect your retirement.

SEP and SIMPLE IRA plans provide business owners like you, an inexpensive, hassle-free way to plan for retirement for you and your employees.

International issues are a Service-wide priority and improving international tax compliance by large corporations and high-wealth individuals a top concern at highest levels. The Service is focusing on addressing existing abuse and preventing abuse going forward. Since International issues impact all types of TE/GE customers, we are collaborating across TE/GE and IRS. We are applying our skills to tackle new issues using consistent strategies, but tailored as needed.

Most people will need an income for many years after they stop collecting a paycheck. Social Security will replace only a part of what we’re likely to need, and traditional guaranteed pensions are no longer common. Employer sponsored retirement savings plans, like the ones we’ll discuss today, will play a leading role in ensuring that our financial needs are met in retirement. This webinar is designed to help you take advantage of some of the tax incentives for setting up and maintaining a retirement plan.

To communicate the SIMPLE Solution for Finding and Fixing SIMPLE IRA Plan Mistakes

ATAT and Emerging Issues EP Phone Forum audio and transcript.

Communicating updated ESOP information.

Form 2848 vs Form 8821 Phone Forum audio and transcript.

Retirement Plans Determination Letter Program Phone Forum: Discussed the status of the new determination letter program, the types of "reliance" available to preapproved plans, with or without a determination letter, tips on completing the new Form 5307, along with ways to avoid common mistakes to make the process go more smoothly.

The first, and major part of this event, consists of a presentation on potential problems faced by employers who maintain SEP plans. The second part will consist of a question and answer session...

A presentation about funding rules for single employer plans and benefit restrictions.

Information on required minimum distributions for 2009, recent guidance dealing with paid-time-off plans and a couple of revenue rulings, short discussions of 402(f) notices for benefit distributions that go to participants, and rollover issues and other guidance that was issued.