Are you meeting the initial required minimum distributions of your contribution plan? Learn more about what conditions need to be met with Watkins Ross!
Initial Required Minimum Distributions (Defined Contribution Plans)
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Articles from Our Team
What’s been going on in the retirement & health plan fields? Here we’ll discuss the latest information & best practices for managing your plans.
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Recent Articles
Reducing Pension Plan Risk – Updated to Reflect IRS Notice 2019-18
Reducing pension plan risk has become a prudent consideration, especially for those plans that have frozen benefits. De-risk your pension plan today!
Defined Benefit Plans’ Actuarial Equivalence Under Attack: Reasonable Becomes Unreasonable (Opinion)
Recent class action lawsuits are targeting the reasonability of actuarial equivalence factors used in defined benefit plans.
ADP/ACP Testing Deadline
Corrective distributions must be processed by March 15 for a failed ADP/ACP test for a calendar plan year. Take these steps to prepare.
Who Retains The Beneficiary Forms?
A beneficiary form determine who is entitled to the defined contribution retirement plan benefits upon the death of a participant. Is your form current?
Defined Contribution Compliance Calendar
A qualified retirement plan must meet various requirements throughout the year, check out our defined contribution compliance calendar today!
2019 Defined Benefit Plan Compliance Calendar
If you are responsible for administering your company’s defined benefit plan, download our 2019 defined benefit plan compliance calendar.
2019 Government Shut Down Affects Lump Sum Payments from Defined Benefit Plans
How the 2019 government shut down affected lump sump payments from defined benefit pension plans due to the timing of the interest rates.
Changes to Hardship Rules
Regulatory changes as a result of the Tax Cuts and Jobs Act of 2017 and the Bipartisan Budget Act of 2018 may impact certain provisions of your 401(k) Plan.
1099-R
If your plan retirement plan had distributions from it this year, you must report these to the participants on a Form 1099-R.