…
Defined contribution plans
What’s the Impact of 2017 IRS Retirement Plan Limits?
The IRS just announced the 2017 retirement plan benefit limits, and there are some notable changes from 2016. What does it all mean for employer-sponsored retirement plans? Here is a table summarizing the primary benefit limits, followed by our analysis of the practical effects for both defined …
False alarm! IRS withdraws controversial proposed cross-testing regulation provisions
A couple of months ago, the IRS proposed some changes to the §1.401(a)(4) nondiscrimination testing regulations. On Thursday, they withdrew the part of those proposed regulations that was bad news for plan sponsors, as noted in our prior post. We are pleased the IRS has reconsidered the unintended …