Pension Protection Act Blog

A interesting debate has started on BenefitsLink.com about the contents of the new quarterly benefit statements required by PPA Section 508. The question is whether the quarterly benefit statements must include vesting information, or can it be provided to participants annually instead of quarterly? This is important because the first quarterly benefit statement […]

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The American Academy of Actuaries released a four-page comment on Notice 2007-28 which they sent to the IRS. It contains a very simple example of how the interpretation of the combined deduction interpretation in Q&A9 will impact a plan. The example walks through what happens to the deduction limit for a sponsoring employer […]

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The Boston Globe today has an article about Section 830 of the Pension Protection Act. Section 830 permits permits directly depositing tax refund into Individual Retirement Accounts. The article raises a number of good points, including the contribution timing issue caused if the tax refund is deposited for 2006, the IRS could deposit […]

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The IRS issued Notice 2007-28 today, which provides guidance on the changes to Code section 404 made by the Pension Protection Act. Notice 2007-28 is only 4 pages long. The changes to Code section 404 made by PPA have two different effective dates - the first effective date is for years beginning after December 31, […]

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EBSA issued an interim final rule with a request for comments as required by Section 1001 of PPA. The final rule takes effect April 6, 2007. It adds Labor Reg. 2530.206, which includes examples addressing that a domestic relations order (DRO) will not fail as a qualified domestic relations order solely because it […]

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Benefitnews.com contains a good article by Frank Palmieri discussing the stock diversification provisions. He included a summary of IRS Notice 2006-107.Technorati Tags: Pension Protection Act, pension, stock diversification, Notice 2006-107, ppa

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The Wall Street Journal published a short article on the nonspouse beneficiary provisions in Section 829 of the Pension Protection Act. I missed the article on February 27th, but I was lucky that a friend of mine emailed me a copy. In the Personal Finance column, the article provides a short summary of […]

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