Governmental Plans Answer Book, Second Edition by Carol V. Calhoun, Cynthia L. Moore, Keith Brainard List Price: $290.00   Eligible for Free Standard Shipping on U.S. Prepaid Orders Imprint: Aspen Publishers ISBN: 9780735560178 Hardcover: 792 pages Last Updated: 10/1/2009 Automatic Supplementation More Info. Available: Item ships in 3-5 Business Days

Written by a team of practicing experts, preeminent in their fields, Governmental Plans Answer Book takes the reader step-by-step through the various laws that govern such plans. For those practitioners with private plan experience who wish to work with governmental plans, it compares the regulation of the two types of plans. The authors' systematically answer hundreds of questions and provide an invaluable reference for investment advisors, plan administrators, attorneys, actuaries, and accountants. This book will also serve those institutions that promote, market, service, or provide technical support to retirement plans, products, and related services. Governmental Plans Answer Book has been revised to include the most up-to-date developments in the area, including: Worker, Retiree and Employer Recovery Act of 2008, Public Law 110-458 New rollover rules New IRS rules on determination letters for governmental plans Modification of requirements for 403(b) plans Effects of new same-sex marriage laws on pensions Updates on many state and local government pension fund asset values following the 2008 market decline Discussion of controversial proposals to revise public pension accounting standards Potential changes in the way public pension liabilities are measured and reported View the Highlights for this title. 1. Introduction to Governmental Plans What Is a Governmental Plan? Importance of Differences Between Governmental Plans and Private Plans 2. Structure of State and Local Governmental Plans General Information About State and Local Governmental Plans Creating Entity, Governing Law, and Individuals Covered Entity That Administers the Plans Assets in State and Local Governmental Retirement Plans Contributions Comparison of Defined Benefit Plans with Defined Contribution Plans Portability of Benefits Under Defined Benefit Plans Benefits Provided by Retirement Systems and Plans Special Types of Plans Protections for the Plans and Their Participants Employer Pickups Joint and Survivor Annuities State Vesting Rules 3. Identifying the Employer Reasons for Identifying the Employer Definitions of Employer Controlled Group Rules Independent Contractors Leased Employees 4. Obtaining Favorable Tax Status Effect of Favorable Tax Status Types of Favorable Tax Status Requirements for Qualified Plan (Section 401(a)) Status Requirements for Qualified Plan (Section 403(a)) Status Requirements for Tax-Deferred Annuity or Custodial Account (Section 403(b)) Status Requirements for Section 457(b) Status Requirements for Deemed IRA (Section 408(q)) Status Pretax Employee Contributions IRS Audit Activity Correction Procedures 5. Reporting Purpose of Reporting by State and Local Governmental Plans Annual Statement of Member's Account Other Ways in Which Retirement Systems Communicate with Plan Participants Summary Plan Description Annual Reports Open Meetings Laws Open Records Laws 6. Governmental Plan Funding Federal Rules Qualified (401(a)) Defined Benefit Plans Typical State Rules 7. Investment of Plan Assets Federal Fiduciary Requirements State Fiduciary Requirements Federal Prohibited Transaction Rules State Prohibited Transaction Rules Uniform Management of Public Employee Retirement Systems Act and Uniform Prudent Investor Act Legal List Statutes Social Investing State Conflict of Interest Statutes and State Codes of Ethics Wholly Owned Investments and Investments in Non-Publicly Traded Equity Securities Unrelated Business Income Tax Issues 8. Selecting a Service Provider State Law Issues ERISA Analogies Practical Steps for Meeting Fiduciary Duties in Choosing a Service Provider Breaches of Fiduciary Duty in Selecting a Service Provider Modification of Procedures for Selecting a Service Provider Fiduciary Duties After a Service Provider Is Selected 9. Remedies for Fiduciary Breach Criminal Penalties Civil Remedies Avoiding Fiduciary Liability 10. Participation Federal Participation Rules State Participation Rules 11. Distributions Common Forms of Distribution Federal Restrictions on Distributions Definition of Retirement Taxation of Distributions Rollovers and Plan-to-Plan Transfers Withholding on Distributions Reporting of Distributions 12. Beneficiary Designations Making a Beneficiary Designation Using Trusts Family Rights That Restrain a Beneficiary Designation Charitable Gifts Simultaneous Death Absentees Marriage Spouse's Rights Premarital Agreements Marital Agreements Tenancy by the Entirety Disclaimers Government Claims Pension Forfeiture Medicaid IRS Levy Unclaimed Property Tax-Oriented Estate Planning Marital deduction Qualified Domestic Trust for an Alien Who May Give Advice? Common Mistakes 13. Domestic Relations Orders Reason for Retirement Plan Domestic Relations Order Provisions Elements of a Domestic Relations Order Elements of a Plan-Approved Domestic Relations Order PADRO Distribution Before a Participant's Severance Survivor Benefits, Beneficiaries, and Loans State Variations Deciding Whether an Order Is a PADRO Plan Administration Procedures Tax Treatment of a Distribution Under a Deemed QDRO Tax Treatment of a Pre-2002 or Post-2010 PADRO Distribution from a 457(b) Plan Tax Treatment of an Ineligible Plan’s PADRO Distribution Bankruptcy Divorce Negotiation Lawyer's Professional Conduct 14. Impact of Bankruptcy Law on Participant Interests in Governmental Plans Bankruptcy Overview Governmental Plan Concerns Chapter 7 Considerations Chapter 13 Considerations APPENDIX A. Selected Characteristics of Public Retirement Systems APPENDIX B. Uniform Management of Public Employee Retirement Systems Act (1997) APPENDIX C. Uniform Prudent Investor Act APPENDIX D. Recent Court Decisions of Interest Involving Governmental Plans 457 Answer Book, Fifth Edition Gary S. Lesser, David W. Powell, Peter J. Gulia The 457 Answer Book is an in-depth resource that provides answers to the questions that tax-exempt organizations, state and local governments, their accountants, tax and legal advisors, 457 administrators, product providers, and investment counselors need to know. Guiding readers through all aspe more... Add to cart   |  Price: $290.00  |  ISBN: 9780735565944  |  Format: Hardcover  Imprint: Aspen Publishers  403(b) Answer Book, Seventh Edition Donald R. Levy, Barbara N. Seymon-Hirsch, Janet M. Anderson-Briggs The regulations that had been proposed for so long have now been finalized - and they will have the most significant impact on 403(b) plans in over 40 years! Aspen Publishers’ 403(b) Answer Book, Seventh Edition includes: Insights into the new 403(b) tax-free transfer rules, information  more... 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This book is designed to help plan sponsors and administrators, as  more... Add to cart   |  Price: $290.00  |  ISBN: 9780735581944  |  Format: Hardcover  Imprint: Aspen Publishers