Monthly Archives: August 2007

IRS Releases List of Amendments for 2007

Posted on August 31, 2007 by Administrator

The IRS has released the 2007 list of interim and discretionary amendments for 2007. The amendments contained in the list are based on the 2006 Cumulative List. In Rev. Proc. 2005-66, the IRS created a 5-year remedial amendment cycle for … Continue reading →

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IRS Resolves Part of the Cross-Testing Individual Classification Issue

Posted on August 29, 2007 by Administrator

In a Special Edition of Employee Plan News, dated August 2007 and released by the IRS on August 28, 2007, the IRS may have resolved at least some of the controversy over cross-testing plan allocations by placing individuals in their … Continue reading →

Posted in 401(k), IRS, Profit sharing | 1 Comment

FedEx Cup – A Few More Deferred Comp Details

Posted on August 28, 2007 by Suzanne Wynn

I recently blogged about the FedEx Cup – a golf championship newly created by the PGA this year where players are awarded points throughout a defined 33-week period. At the end of that period, the 144 players with the most … Continue reading →

Posted in Compensation, Final 409A Regs | Leave a comment

Blogging About ERISA – Carnival #11

Posted on August 26, 2007 by Administrator

This week in the Employee Benefits world: Roy F. Harmon of the Health Plan Law discusses Contribution about ERISA Fiduciaries? – The Eighth Circuit Weighs in On the Issue. Paul Secunda of the Workplace Prof Blog discusses a Summary of … Continue reading →

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Cash Balance Jail Affects Participants

Posted on August 24, 2007 by Administrator

The Sixth Circuit Court of Appeals this week, in Jensen v. Moore Wallace North America, included cash balance jail in their reasoning on why participants in Moore Wallance North’s cash balance plan were not entitled to the plan’s surplus. Jenson … Continue reading →

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5 Almost New Qualified Pension or Retirement Plans

Posted on August 23, 2007 by Administrator

In Revenue Ruling 2007-58, the IRS added 5 types of pension or retirement plans to the existing list of 9 types of plans list in Rev. Rul. 94-62, for a total of 14 types of qualified pension or retirement plans. … Continue reading →

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Blogging About ERISA Carnival #10

Posted on August 19, 2007 by Administrator

This week in the Employee Benefits world: Mark Cussen of the Nesteggr blog provides a short overview of nonqualified plans in Nonqualified Plan Can Meet Special Business Needs. Roy F. Harmon of the Health Plan Law blog discusses a subrogation … Continue reading →

Posted in Carnival of Employee Benefits, Uncategorized | Leave a comment

7th Circuit Includes COLAs in DB Lump Sum Calculations

Posted on August 15, 2007 by Administrator

In a cautionary tale about how plan documents can be written too carefully, the 7th Circuit this week, in Williams v. Rohm and Haas Pension Plan, __ F.3d __ (S.D. Indiana) (Aug. 14, 2007), affirmed both the district court’s decision … Continue reading →

Posted in Defined Benefit, Distributions | 97 Comments

IRS Releases Priority Guidance Plan for 2008

Posted on August 13, 2007 by Suzanne Wynn

The IRS released their Priority Guidance Plan for 2008, which is always a good indication of what to expect from the IRS during the next year. As expected, most of the items on the list are derived from Pension Protection … Continue reading →

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Blogging About ERISA Carnival #9

Posted on August 11, 2007 by Suzanne Wynn

This week in the Employee Benefits world: Richard Bales of the Workplace Prof Blog provides a list of the top 5 Benefits/Compensation/Pension related papers downloaded from SSRN this week. Roy F. Harmon of the Health Plan Law blog discusses a … Continue reading →

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