Notice 2024-73 — Additional Guidance with Respect to Long-Term, Part-Time Employees, Including Guidance Regarding Application of Section 403(b)(12) to Long-Term, Part-Time Empl… IRCNoticesOct 21, 2024
o the eligibility rules for ERISA LTPT employees under section 202(c) of ERISA apply to a section 403(b) plan that is not subject to title I of ERISA? A-1: No. Although section 125(a)(2)(B)(i) of the SECURE 2.0 Act provides a conforming amendment to section 403(b)(12)(A) of the Code that references section 202(c) of ER…
Notice 2012-46 — This notice provides guidance in the form of questions and answers with respect to the notice requirements of section 101(j) of the Employee Retirement Income … IRCNoticesJul 23, 2012
plans imposed under section 206(g) of ERISA,[1] as added by the Pension Protection Act of 2006 (PPA ’06), P.L. 109-280, 120 Stat. 780.
II. Background Section 101(j) of ERISA requires the plan administrator of a single-employer defined benefit plan to provide a written notice to plan participants and beneficiaries, gen…
IRCCourt RulingsSep 30, 1991★ strong match
… plain language of the statute does not support petitioners’ interpretation of section 407(d)(2) of ERISA. Section 407(d)(2) of ERISA provides that employer real property is property leased to an employer of employees covered by the plan. ERISA sec. 407(d)(2). Here, only the surface rights were leaséd to Farms, Inc., a…
84 FR 51471 — Application of the Employer Shared Responsibility Provisions and Certain Nondiscrimination Rules to Health Reimbursement Arrangements and Other Account-Based G… IRCProposed Rules (FR)Proposed Sep 30, 2019related by meaning
under § 54.9802-4(c)(3)(iii)(B) of this chapter, the plan does not violate the requirements of this paragraph (c)(3) with respect to those increases. (C)
Reference to employee compensation.
If a plan covers employees who are highly compensated individuals, and the type or the amount of benefits subject to reimbursemen…
IRCProposed Rules (FR)Proposed Dec 3, 2007★ strong match
therwise subject to Title I of ERISA. Thus, for example, this provision would not apply to a governmental plan (within the meaning of section 414(d)). The proposed regulations reflect the section 414(w) notice requirement under which notice must be provided to each employee to whom the EACA applies within a “reasonable…
REG-148681-09 — The Department of Labor and the Department of the Treasury (the “Agencies”) are currently reviewing the rules under the Employer Retirement Income Security Act… IRCProposed Rules (FR)Proposed Mar 15, 2010★ strong match
to the participant, in what form, and when? To what extent could or should the ERISA 404(c) regulation be amended to encourage use of these products? 34. To what extent do ERISA 404(c) plans currently provide lifetime income through variable annuity contracts or similar lifetime income products? What are the advantage…
IRCCourt RulingsJun 4, 1984★ strong match
)(2), ERISA, a civil action for relief under section 409, ERISA, may be brought by the Secretary of Labor, by a plan participant, or by a beneficiary. Title II of ERISA contains amendments to the Internal Revenue Code relating to retirement plans. Prior to ERISA, a qualified plan could become disqualified if the trust …
IRCFinal Rules (FR)May 23, 2022★ strong match
… U.S.C. 1002(43). The term pooled employer plan does not include a multiemployer plan as defined in ERISA section 3(37) and also does not include a plan established before the date the SECURE Act was enacted unless the plan administrator elects to have the plan treated as a pooled employer plan and the plan meets the E…
IRCCourt RulingsSep 25, 2000
…r statute
concerning a related subject is significant to show that a
different intention existed”).
ERISA section 404 pertains to fiduciary duties. Under ERISA
section 404(a) a fiduciary shall discharge his duties with the
care of a prudent man and diversify the investments. It is
against this background that we must r…
IRCFinal Rules (FR)Feb 24, 2023
… Revenue Service.
Gordon Hartogensis,
Director, Pension Benefit Guaranty Corporation.
Footnotes
1. ERISA sections 103 and 104 broadly set out the content and filing requirements for the annual report under Title I of ERISA. The Form 5500 Annual Return/Report and the DOL's implementing regulations are promulgated throu…
90 FR 3092 — Automatic Enrollment Requirements Under Section 414A IRCProposed Rules (FR)Proposed Jan 14, 2025★ strong match
o the permitted consolidation of notices under section 801(d)(3)(C) of ERISA (which is a parallel provision to section 402A(e)(5)(C) of the Code).
See Q&A-18 of “FAQs: Pension-Linked Emergency Savings Accounts,” available at
www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/faqs/pension-linked-…
T.D. 9294 — Final regulations under section 401 of the Code set forth standards for electronic systems that make use of an electronic medium to provide a notice to a recip… IRCTreasury DecisionsNov 27, 2006related by meaning
ied employee pension (SEP) under section 408(k); a simple retirement plan under section 408(p); or an eligible governmental plan under section 457(b). (ii) Notices, elections, or consents under other employee benefit arrangements. The rules of this section also apply to any applicable notice or any participant election…
81 FR 35124 — Net Stable Funding Ratio: Liquidity Risk Measurement Standards and Disclosure Requirements IRCProposed Rules (FR)Proposed Jun 1, 2016
…erwise permitted by applicable law.
Back to Citation
61. 12 CFR 1.2(d). In accordance with section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203, 124 Stat. 1376, 1887 (2010) § 939A, codified at 15 U.S.C. 78o-7, the LCR rule does not rely on credit ratings as a standard of cr…
88 FR 41047 — Corporate Bond Yield Curve for Determining Present Value IRCProposed Rules (FR)Proposed Jun 23, 2023
…Treasury regulations issued under section 430 of the Code also apply for purposes of section 303 of ERISA.
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2. The hump adjustment variable is a mathematical function that is a cubic spline in the interval from 10 years maturity through 30 years maturity made up of two polynomials with a smooth junctio…
IRCCourt RulingsJan 27, 1998★ strong match
…ve occurred or
in those circumstances where the Department of Labor has not undertaken a response."
ERISA was enacted in 1974, setting up an administrative
system for employee benefit plans. ERISA section 2(b), 88 Stat.
829, 833, provides that
the policy of this Act [is] to protect interstate
commerce and the interests…
89 FR 2127 — Corporate Bond Yield Curve for Determining Present Value IRCFinal Rules (FR)Jan 12, 2024
…ercial paper rates, as reported by the Federal Reserve Board.
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5.
Although section 939A(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203, 124 Stat. 1376, generally prohibits federal agencies from issuing regulations that apply a standard that is based on credit ra…
80 FR 54374 — Determination of Minimum Required Pension Contributions IRCFinal Rules (FR)Sep 9, 2015related by meaning
nsion plan in a form other than cash constitutes a prohibited transaction under section 406 of ERISA and section 4975 of the Code.
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9. The liquidity requirement of section 430(j)(4) does not apply to plans with 100 or fewer participants on each day during the preceding plan year. For this purpose, the …
79 FR 61440 — Liquidity Coverage Ratio: Liquidity Risk Measurement Standards IRCFinal Rules (FR)Oct 10, 2014
… reference to or reliance on credit ratings in an agency's regulations. Public Law 111-203, section 939A, 124 Stat 1376 (2010).
Back to Citation
22.
See
§ __.20(b) and (c).
Back to Citation
23.
12 U.S.C. 1850a(a)(4).
Back to Citation
24.
7 U.S.C. 1a(28) and (49).
Back to Citation
25.
15 U.S.C. 78c(a)(71).
Back to …
PLR 200117038 — Taxation of Employee Annuities (Taxable v. Not Taxable) IRCPrivate Letter RulingsApr 27, 2001related by meaning
h of the insurance coverages are paid for entirely by the employees.
Question #16: Please explain a SEP-IRA. Can a town offer its employees a SEP-IRA? Answer: Yes, a town can offer its employees a SEP-IRA (simplified employee
pension). Under a SEP, you make the contributions to an individual retirement
arrangement esta…
IRCCourt RulingsJun 1, 1987
…hibitions of section 4975(c) shall not apply to any transaction which is exempt from section 406 of ERISA by reason of the exemptions within section 408(e) of ERISA. Section 408(e) of ERISA provides that the prohibitions of section 406 of ERISA shall not apply to the acquisition, sale, or lease by a plan of “qualifying…