DOL Posts Proposed Regulations for Default Investments

By Ascensus September 27, 2006

September 27, 2006 – The Department of Labor’s (DOL’s) Employee Benefits Security Administration has today published in the Federal Register its proposed regulations governing default…

HSA Bill Slated for Markup

By Ascensus September 27, 2006

September 27, 2006 – The House Ways and Means Committee is scheduled to begin markup today of H.R. 6134, the Health Opportunity Patient Empowerment Act…

IRS Issues Corrections to Anti-Cutback Regulations

By Ascensus September 21, 2006

September 21, 2006 – The IRS has issued minor corrections to its recently issued IRC Sec. 411(d)(6) anti-cutback regulations, released August 10, 2006, in Treasury…

October 2006 Interest Rates

By Ascensus September 20, 2006

September 20, 2006 – The IRS has released the applicable federal interest rates for October 2006 as posted in Revenue Ruling 2006-50. These rates are…

IRS Releases 2006 Forms 1099-R, 5498, and Instructions

By Ascensus September 15, 2006

September 15, 2006 – The long-awaited 2006 tax year Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., Form 5498,…

IRS Delays 403(b) Plan Regulation Effective Date

By Ascensus August 31, 2006

August 30, 2006 – IRS news release IR-2006-136 announces that regulations relating 403(b) plans will not be effective before January 1, 2008. New proposed 403(b)…

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