2011 COLA for Pension Plan Limits Unchanged or Changed Slightly

2011 plan limits are generally unchanged or changed only slightly according to attorney Charles C. Shulman.

2011 Plan Limits

The IRS has announced the 2011 plan limits–many of which are unchanged from 2010.

Benefit Restrictions–Updated Present Value

The PBGC has issued updated information on its maximum guaranteed benefit for purposes of the benefit restrictions under Section 436.

Final Hybrid Regulations

The IRS issues final regulations simulataneously with its issuance of proposed regulations governing hybrid plans. The final regulations reflect much of the prior transitional guidance previously issued.

Guidance on Claims, Appeals and External Review Under ACA

Guidance on Claims, Appeals and External Review Under ACA – The Affordable Care Act’s requirement that health plans and insurers must follow new and revised procedures for claims, internal appeals and external review.  These new requirements are effective for plan years beginning on or after September 23, 2010, although there is some transition relief.  Grandfathered plans […]

Corrections to Final 403(b) Regulations

The IRS publishes corrections to its final Section 403(b) tegulations.

US Department of Labor and AICPA sponsor website highlighting small business retirement solutions

The DOL and the AICPA have jointly sponsored an interactive website designed to assist small employers in choosing the most appropriate retirement plan.

DOL Press Release on Fiduciary Definition Proposed Regulation

Accompanying its released of the proposed rule clarifying the definition of fiduciary, the DOL has also released the attached Press Release.

DOL Issues Proposed Rule Revising Definition of Fiduciary

As it said it would, the DOL has issued a proposed regulation which seeks to clarify the definition of fiduciary for purposes of ERISA.

4062(e) Comment Period Extended

On October 20, 2010, PBGC published a Federal Register document extending until November 12, 2010, the period for submitting comments on its proposed rule on ERISA section 4062(e).

About Us

Benefits Forward is a news site for professionals in the field of employee benefits. Our goal is to provide the latest information about the benefits field and to host a community discussion regarding related issues.

Seminars, Conferences & Other Events

  • Sorry, there are no articles in this category.

Need Help Correcting Plan Errors?

Contact us for either consultation on how you can Self Correct or to propose cost effective correction methods using VCP. Or contact us to submit under VCP on your behalf or on behalf of your client. Contact us by email.