457 Answer Book, Fifth Edition by Gary S. Lesser, David W. Powell, Peter J. Gulia List Price: $355.00   Eligible for Free Standard Shipping on U.S. Prepaid Orders Imprint: Aspen Publishers ISBN: 9780735565944 Hardcover: 736 pages Publication Cycle: Supplemented annually Last Updated: 8/13/2012 Automatic Supplementation More Info. Available: Item ships in 3-5 Business Days

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 aspects of 457 plan administration -- from installation through the audit process -- the 457 Answer Book describes: the duties and responsibilities of those performing the functions; the required legal, accounting, and administrative tasks; checklists that facilitate control of each administrative process; and suggested forms. The 457 Answer Book also provides: The history and legal origins of the plan Design and drafting standards Suggested administrative procedures Data processing and payroll considerations Operations and fund flow mechanics Marketing and sales suggestions And much more 457 Answer Book has been updated to include coverage of: A new chapter on Fiduciary Duties to a Governmental Deferred Compensation Plan that concerns duties to an eligible deferred compensation plan maintained by a state or local government employer A completely revised chapter on ineligible plans under Code Section 457(f), that discusses plans designed to provide benefits to executives of tax exempt and governmental organizations beyond the dollar limits applicable to eligible 457 plans, and includes analysis of nonqualified deferred compensation plans subject to tax under Section 457 When an acquirer can refuse to accept responsibility for a tax exempt acquiree's 457(b) plan Changes made by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which permits governmental 457(b) plans to establish designated Roth accounts and permits governmental 457(b) plans, 401(k) and 403(b) plans to adopt in-plan Roth rollover provisions A checklist of administrative differences between a pre-tax deferral account and a designated Roth contribution account Reporting of direct in-plan Roth rollovers (IRRs) and distribution from designated Roth accounts on Form 1099-R Reporting of designated Roth contributions to a governmental 457(b) plan on Form W-2 How the RMD rules apply to designated Roth accounts Reporting of distributions of excess deferrals and designated Roth contributions from a governmental 457(b) plan When amounts in a governmental 457(b) plan's designated Roth account can be used for unforeseeable emergency distributions in a 457 plan The Supreme Court's decision that a fund adviser's fee need not be the lowest fee that would have resulted from arm's-length bargaining Whether amounts withheld from wages as contributions to 457 plans or amounts necessary to repay 457 plan loans are included in the definition of disposable income under the Bankruptcy Code The rules that apply to the deferral of compensation under a 457(f) plan and a discussion of the limitations to the amount of compensation that may be deferred under a 457(f) plan A discussion of when the HEART Act's requirement that a death benefit be paid when a participant dies while performing qualified military service apply to a 457 plan and when amendments to comply must be made to governmental 457(b) plans When the establishment of a group trust for a 457(b) plan is advantageous A discussion of how governmental pension plans are funded and what happens if the governmental unit does not properly fund its pension obligations View the Highlights for this title. 1. The History of 457 Plans Deferred Compensation Before Code Section 457 Code Section 457 Enactment Extensions of Code Section 457 in the 1980s Changes in the 1990s: Code Section 457 Plans Start to Look More Like Retirement Plans EGTRRA and Beyond Job Creation and Worker Assistance Act and Pension Protection Act Final 457 Treasury Regulations 2. Eligible 457 Plans Employers Subject to Code Section 457 Church and Church-Related Employers Rural Cooperatives Plans Subject to Code Section 457 Eligible 457(b) Plans Inconsistent Administration Application of ERISA to 457 Plans Who Can Participate in a 457(b) Plan? Trust Requirements for Eligible Governmental Plans Compensation Limits for 457(b) Plans Agreements to Defer Compensation Contributions by Employers USERRA Applicability Limitations on Contributions Qualified Governmental Excess Benefit Arrangements Coordination of Deferrals with Other Plans or Other Employers IRS Approval Federal Tax Consequences to Participants Withholding and Reporting State Taxation of Nonresidents Excise Taxes Investment of 457 Plan Assets Life Insurance Distributions and Related Issues In-Service Withdrawals Retirement Distributions Separation from Service and Deferred Distributions Distributions to Independent Contractors Plan-Approved Domestic Relations Orders Transfers Between Plans Government Balance Sheet Reporting Advantages of a 457(b) Plan Negative Election Plans Governmental Plan Rollovers Tax and Service Credit for Governmental Plans Plan Termination References 3. Distribution Rules Overview of the Pension Protection Act of 2006 Distribution and Taxation Provisions Early Distribution Rule Minimum Distribution Rule Rollovers Direct Transfers Special Distribution Rules for Public Safety Employees and Officers PPA 06 Distribution Provisions Effective in 2008 Other Distribution Rules 4. Investments Permitted Investments for Deferred Compensation Plans Types of Investments Rabbi Trusts Trusts for Governmental Deferred Compensation Plans Employer Responsibility for Plan Investments Participant-Directed Investment 5. Beneficiary Designations and Estate Planning Author's notes Making a Beneficiary Designation Using Trusts Family Rights That Restrain a Beneficiary Designation Charitable Gifts Simultaneous Death Absentees Marriage Spouse's Rights Premarital and Marital Agreements Disclaimers Government Claims Unclaimed Property Tax-Oriented Estate Planning Seeking Advice About Making a Beneficiary Designation 6. ERISA, Its Exemptions, and Other Nontax Considerations for 457 Plans ERISA in General Governmental Plans Church Plans Top-Hat Plans Excess Benefit Plans Severance and Welfare Plans Selected Securities and Insurance Law Issues for 457 Plans ERISA and Tax Consequences of Funded 457(f) Plans 7. Mergers and Acquisitions 457 Plan Considerations 403(b) Considerations Severance Pay and 403(b) Plans Section 415 Considerations 8. Defining a Top-Hat Plan in Connection with 457 Plans 457 Plans and ERISA Top-Hat Group Advisory Opinions and Case Law Other Definitional Issues Future DOL Guidance Applying the Rules Other Statutory Guidance 9. Creditors' Rights Shumate and ERISA Qualified Plans Shumate and 457 Plans Before the SBJPA Shumate and 457 Plans After the SBJPA Exemptions from the Bankruptcy Estate Judgment Creditors in Nonbankruptcy Situations Consequences of Availability of Benefits to Creditors Consequences of the Bankruptcy of the Plan Sponsor Judgment Creditors in Bankruptcy 10. Application of Federal Securities Law to 457 Plans Federal Securities Laws and 457 Plans Generally Eligible Public Employer 457 Plans Under Code Sections 457(b) and 457(e)(1)(A) Eligible Tax-Exempt Employer 457 Plans Under Code Sections 457(b) and 457(e)(1)(B) Noneligible 457 Plans Under Code Section 457(f) 11. Ineligible Plans Under 457(f) General Rules Distribution Requirements Income Tax Considerations Substantial Risk of Forfeiture Life Insurance Contracts Estate Tax Considerations Transfers and Rollovers Social Security and Medicare Taxes State Tax Participation in Other Plans Funding Requirements and ERISA Considerations ERISA Administration and Enforcement Federal Securities Law New Rules Under the American Jobs Creation Act of 2004 12. IRS Form Reporting and Related Issues General Information General 457 Reporting Rules ERISA Reporting Requirements FICA and FUTA Taxes IRS Form 940 - Employer's Annual FUTA Tax Return Reporting Distributions on Form 1099-R Rollover Distribution Notice Taxpayer Identification Numbers IRS Form W-2 - Wage and Tax Statement IRS Form W-3 - Transmittal of Wage and Tax Statements IRS Form W-4 - Employee's Withholding Allowance Certificate IRS Form W-4P - Withholding Certificate for Pension or Annuity Payments IRS Form 5329 - Additional Taxes Attributable to Qualified Retirement Plans (Including IRAs), Annuities, and Modified Endowment Contracts IRS Form 1040 - Individual Income Tax Return IRS Form 990 - Return of Organization Exempt from Income Tax IRS Form 990-T - Exempt Organization Business Income Tax Return 13. Domestic Relations Orders The Need for Domestic Relations Orders to Divide Section 457 Plans Elements of a Domestic Relations Order Elements of an Approved Domestic Relations Order Distribution to an Alternate Payee Before a Participant's Severance from Employment Death or Survivor Benefits Affect of a Participant Loan on Distribution to Alternate Payee Administration of Court Orders Tax Treatment - Eligible Section 457 Plans Tax Treatment - Ineligible Section 457 Plans 14. Miscellaneous Issues Agencies, Tribes, and International Organizations Independent Contractor Problems Failed 457(b) Plans; Restrictions on Investments of Eligible Plans Governmental Form Filings Matching Contributions Benefit Reductions Plan Choice Alternatives Leave Conversion Plan Rollovers USERRA 15. 457 EPCRS In General EPCRS Eligibility General Principles Cessation of Eligible Status 16. Administration of 457 Plans In General The Plan Administrator's Role Administrative Compliance Working with 457 Plan Limits Pension Protection Act of 2006 Changes Affecting Administration Recordkeeping Concerns Administering Communications APPENDIX A. Extracts from Relevant Code Sections APPENDIX B. Income Tax Regulations APPENDIX C. Model Rabbi Trust Provisions APPENDIX D. Ineligible Church Hospital Plan APPENDIX E. Model State Enabling Statute APPENDIX F. Specimen Top-Hat Statement APPENDIX G. Indexing of Employee Benefit Limits 403(b) Answer Book, Eighth Edition Barbara N. Seymon-Hirsch, Janet M. Anderson-Briggs 403(b) Answer Book is the only professional resource that systematically answers hundreds of questions on Section 403(b) plans, 501(c)(3) organizations, and church plans. It provides insight on how to handle complicated issues not yet resolved by the IRS or the courts and includes coverage of p more... 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With recent legislation and regulations imposing new limits on executive pay, it is more important than ever for you to have the most current information when it comes to compensating executive talent. Nonqualified more... Add to cart   |  Price: $355.00  |  ISBN: 9780735582149  |  Format: Hardcover  Imprint: Aspen Publishers  Coverage and Nondiscrimination Answer Book, Fourth Edition Thomas E. Poje, Frank J. Bitzer, Bernadine Topazio Coverage and Nondiscrimination Answer Book is the first reference guide that focuses exclusively on the participation, coverage, nondiscrimination, and compliance requirements that must be met to ensure a plan's qualified status. This book is designed to help plan sponsors and administrators, as  more... Add to cart   |  Price: $355.00  |  ISBN: 9780735581944  |  Format: Hardcover  Imprint: Aspen Publishers  Qualified Domestic Relations Order (QDRO) Answer Book, Fifth Edition Mark W. Dundee Aspen Publishers' Qualified Domestic Relations Order Answer Book's timesaving question-and-answer format cuts through the complexities of preparing, reviewing and administering QDROs and QMCSOs. For over 800 QDRO-related questions, you receive instant, authoritative answers and insights that  more... Add to cart   |  Price: $355.00  |  ISBN: 9780735508873  |  Format: Hardcover  Imprint: Aspen Publishers  Executive Compensation Answer Book, Eighth Edition Bruce Overton, Susan E. Stoffer Executive Compensation Answer Book is the complete source for proven, practical, executive compensation solutions that draws on the authority of the best in the business - Bruce Overton and Susan E. Stoffer. In a straightforward question-and-answer format, this dependable source of guidance show more... Add to cart   |  Price: $355.00  |  ISBN: 9780735508804  |  Format: Hardcover  Imprint: Aspen Publishers