Avoid Retirement Plan Penalties and Disqualification! Plan Correction Answer Book, Fourth Edition by John F. Buckley IV, Nadine E. Roddy List Price: $375.00   Eligible for Free Standard Shipping on U.S. Prepaid Orders Imprint: Aspen Publishers ISBN: 9781454825685 Hardcover: 220 pages Publication Cycle: Updated annually Last Updated: 6/17/2013 Available: Item ships in 3-5 Business Days

Plan Correction Answer Book provides the most current and comprehensive answers to the issues faced daily by plan administrators, benefits consultants, attorneys, and other pension professionals in the area of plan compliance. The authors examine the range of remedial programs available, the penalties that can be imposed, and the unique qualification issues for 401(k) plans and employee stock ownership plans. Plan Correction Answer Book also outlines practices and procedures that ensure tax-qualified retirement plans are operated in accordance with Internal Revenue Code requirements. Plan Correction Answer Book, Fourth Edition provides detailed coverage of the following key administrative developments and changes: The new procedures of the IRS's Employee Plans Compliance Resolution System (EPCRS) Revenue Procedure 2013-12, which took effect on April 1, 2013, and superseded Revenue Procedure 2008-50. Major changes implemented by Revenue Procedure 2013-12 include: Modifications to VCP submission procedures Modifications relating to 403(b) plans Modifications relating to locating lost plan participants Revision of Sections 6.05(1), 6.05(2), 6.05(3)(a), and 6.05(3)(c) of the revenue procedure Revision of Section 6.05(3)(a) of the revenue procedure And more! View the Highlights for this title. 1. Overview IRS Remedial Programs Qualification Failures Correction of Qualification Failures Participation in Remedial Programs Deciding Which Remedial Program to Use Administration, Sanctions, and Fees 2. SCP Eligible Qualification Failures Plan Eligibility Requirements Significant Operational Failure Correction Insignificant Operational Failure Correction Making Corrections Using SCP Administration of SCP Employee Benefits Security Administration 3. VCP Eligibility Correction Filing the VCP Submission Contents of the VCP Submission Processing the VCP Submission VCP Compliance Statement Fee Audit After VCP 4. Audit CAP Eligibility Using Audit CAP Correction Sanctions Closing Agreement 5. Compliance Fees and Sanctions Compliance Fees Sanctions Maximum Payment Amount Equities 6. Correction Principles Full Correction No Plan Sponsor or No Trust Failures and Corrections Involving Plan Amendments, Deprivation of Benefits, and Discrimination Misallocations and Improper Distributions Failures for Which the Code Imposes a Penalty Other Than Disqualification Self-Correction Under SCP Failure to Provide Minimum Top-Heavy Benefits Failure of ADP or ACP Test Failure to Distribute Excess Deferrals Exclusion of Eligible Employees Failure to Timely Pay Required Minimum Distributions Failure to Obtain Consent Under QJSA Rules Violation of Code Section 415 Limits Failures Involving Vesting, Code Section 401(a)(17) Limit, and Hardship Distributions IRS Case Studies 7. Section 401(k) Plan Qualification Failures ADP and ACP Failures Distribution of Employee Deferrals Excess Deferrals Excess Amounts Under Code Section 415 Impermissible CODAs Earnings Issues 8. ESOPs Pass-Through Voting Rights Appraisals Distribution Rules Diversification Rules Special Allocation Rules Section 415 Issues (Maximum Allocations) APPENDICES IRS Revenue Procedure 2013-12 IRS Forms 8950 and 8951 IRS Revenue Procedure 2007-44 IRS's Top Ten Failures Found in Voluntary Correction Program Abusive Transactions That Affect Availability of Programs Under EPCRS IRS's Tax Consequences of Plan Disqualification TABLES Internal Revenue Code Revenue Procedures and Rulings IRS Announcements, Forms, Internal Revenue Manual Sections, and Notices Private Letter Rulings Treasury Regulations Employee Retirement Income Security Act Department of Labor and Pension Benefit Guaranty Corporation Regulations Cases 5500 Preparer's Manual for 2012 Plan Years Janice M. Wegesin The premier resource in the field of Form 5500 preparation, 5500 Preparer's Manual will help you handle the required annual Form 5500 filings for both pension benefits and welfare benefit plans. Written by an expert in the field of Form 5500 preparation, the 2012 Plan Years edition provide more... Add to cart   |  Price: $385.00  |  ISBN: 9781454810209  |  Format: Paperback  Imprint: Aspen Publishers  Journal of Pension Benefits Ilene Ferenczy, Adam Pozek With its timely, informative articles focusing on the most critical happenings in the pension world, the Journal of Pension Benefits keeps you on top of the rules and ahead of trends…for all pension administration, design, funding, and compliance issues. Here's a sample of the coverage y more... Add to cart   |  Price: $349.00  |  PIN: SS10694064  |  Format: Paperback  Imprint: Aspen Publishers  ERISA: A Comprehensive Guide, Fourth Edition Paul J. Schneider, Brian M. Pinheiro The Fourth Edition of ERISA: A Comprehensive Guide provides a thorough and authoritative analysis of the principal statutory provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and the corresponding provisions of the Internal Revenue Code (Code) dealing with employee benef more... Add to cart   |  Price: $355.00  |  ISBN: 9780735509108  |  Format: Looseleaf  Imprint: Aspen Publishers  Pension Benefits Joyce Anne Grabel Pension Benefits is a monthly pension industry review in digest format. Each 12-page issue focuses on cutting-edge trends and provides early warning of the issues that will affect pensions tomorrow. This newsletter is a unique business tool for monitoring reports from leading consulting firms and  more... Add to cart   |  Price: $425.00  |  PIN: SS10632476  |  Format: Journal  Imprint: Aspen Publishers  Employee Stock Ownership Plan (ESOP) Answer Book, Fourth Edition Brian M. Pinheiro, Ann M. Kim Employee Stock Ownership Plan Answer Book covers the many regulations, interpretations, rulings, and cases that seek to interpret the laws governing the design, administration, and operation of ESOPs. This practical manual focuses on the nuts and bolts of ESOP design and mechanics so that profe more... Add to cart   |  Price: $339.00  |  ISBN: 9781454810315  |  Format: Hardcover  Imprint: Aspen Publishers  Plan Termination Answer Book, Fifth Edition Frank J. Bitzer Plan Termination Answer Book helps you systematically address each issue that needs to be considered in the plan termination process and comply with the latest regulations, so you can avoid costly mistakes. From determining what options are available when terminating a defined benefit plan with more... Add to cart   |  Price: $375.00  |  ISBN: 9781454825692  |  Format: Hardcover  Imprint: Aspen Publishers