(b)lines Ask the Experts – Prepare for 2014 Form 5500 Change
January 13, 2015 (PLANSPONSOR (b)lines) – “I understand that the new 2014 5500 form/instructions have been issued. Are there any changes that would apply to 403(b) plans?”
Ask the Experts
(b)lines Ask the Experts – 457 Plan Transfers
“I work at a private university and we recently had an employee who had a 403(b) and 457(b) plan account with us leave for another private university.
(b)lines Ask the Experts – Processing 403(b) Loan Defaults
“I have some questions as to how 403(b) loan defaults are processed.
(b)lines Ask the Experts – Deferring 100% of Paycheck
“I work at a museum, and one of our C-Suite employees realized she had not made salary deferrals to either our 403(b) plan or our 457(b) plan.
(b)lines Ask the Experts – Ongoing Notice Requirements
“I realize there is an important upcoming deadline for certain plan notices—the QDIA, automatic enrollment, and ADP/ACP safe harbor plan notices—all of which are due to be distributed...
(b)lines Ask the Experts – Missing Spouses as Beneficiaries
November 18, 2014 (PLANSPONSOR (b)lines) – “One of our new employees told us she does not wish to name her spouse as beneficiary of her retirement plan benefit.
(b)lines Ask the Experts – Should Fund Prospectuses Be Automatically Sent?
November 11, 2014 (PLANSPONSOR (b)lines) – “I work at a 501(c)(3) social welfare organization that sponsors an Employee Retirement Income Security Act (ERISA) retirement plan for its employees.
(b)lines Ask the Experts – When Must Fee Disclosures Be Sent?
November 4, 2014 (PLANSPONSOR (b)lines) – “Now that the 5500 and Form-SSA filing has been completed, I am turning my attention to the Summary Annual Report and the...
(b)lines Ask the Experts – Reporting Participants Who Have Withdrawn Accounts
October 28, 2014 (PLANSPONSOR (b)lines) – “I noticed in our recently filed Form 8955-SSA, we report individuals who terminated employment, but who retain account balances in our 403(b)...
(b)lines Ask the Experts – Explaining Tax Withholding on Plan Distributions
October 21, 2014 (PLANSPONSOR (b)lines) – “As the primary administrator for our 403(b) plan, I have difficulty explaining to participants the significance of the 20% tax withholding requirement...
(b)lines Ask the Experts – What Is a Fidelity Bond?
October 14, 2014 (PLANSPONSOR (b)lines) – “I am in the process of filing our retirement plan 5500s and a question regarding fidelity bond coverage is listed.
(b)lines Ask the Experts – Treatment of Contracted Employees
September 30, 2014 (PLANSPONSOR (b)lines) – “I work for a 501(c)(3) arts organization and, due to the nature of our business, I have several individuals on payroll who...
(b)lines Ask the Experts – Preserving Contribution Sources in Plan Transfers
September 23, 2014 (PLANSPONSOR.com) - “If we switch recordkeepers should the contribution sources be preserved?
(b)lines Ask the Experts – When to Expect Contribution Limit Information
September 16, 2014 (PLANSPONSOR (b)lines) – “Already attempting to plan for 2015. Do we know when the new retirement plan contribution limits will be announced?”
(b)lines Ask the Experts – 457 Deferrals and Plan Limits
September 9, 2014 (PLANSPONSOR (b)lines) – “I have a new employee who contributed to the retirement plans of his prior employer, which maintained plans similar to ours.
(b)lines Ask the Experts – Different Investment Policies for DB and DC Plans
September 2, 2014 (PLANSPONSOR (b)lines) – “I serve as chair of the investment committee for a large health care entity, and we oversee the defined benefit (DB) pension...
(b)lines Ask the Experts – Eliminating the Minimum Deferral Requirement
August 26, 2014 (PLANSPONSOR (b)lines) – “I noticed in our 403(b) plan document that there is a minimum annual deferral requirement of $200. Is this required under the...
(b)lines Ask the Experts – Suggested Reading for New Plan Sponsor Employee
August 12, 2014 (PLANSPONSOR (b)lines) – “I was just hired by the benefits department of a large university to work on retirement plan issues.
(b)lines Ask the Experts – Managing Form 5500 Filing for Multiple Plans
August 5, 2014 (PLANSPONSOR (b)lines) – “I work for a large nonprofit hospital, and through a series of acquisitions we have ended up administrating a variety of 401(a),...
(b)lines Ask the Experts – Preparing for an IRS Audit
July 29, 2014 (PLANSPONSOR (b)lines) – “Though our 403(b) plan has never been audited by the Internal Revenue Service (IRS), I want to make certain we are troubleshooting...