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Overview of Notice 2016-16, providing guidance on mid-year changes to safe harbor plans and safe harbor notices that do not violate the safe harbor rules merely by being a mid-year change.

Safe harbor 401(k) plans must use a definition of compensation that complies with IRC Section 414(s). This Snapshot explores some aspects of IRC Section 414(s) and other compensation issues that are pertinent to safe harbor 401(k) plans.

Mid-year Changes to Safe Harbor 401(k) Plans and Notices

This snapshot discusses the requirement that plans submitting an application for a determination letter that claim reliance on a design-based safe harbor must contain a definition of compensation that is nondiscriminatory without the need for annual testing.

Notice requirement for a safe harbor 401(k) or 401(m) plan

The IRS's interpretation of how the law is applied to a specific set of facts specific to retirement plans.

Guidance on normal retirement age rules for governmental plans

IR-2024-140, May 16, 2024 — The Department of Treasury and the Internal Revenue Service today released Notice 2024-41 to modify an existing safe harbor and to provide a new elective safe harbor for determining the Domestic Content Bonus Credit amounts.

In an effort to reduce processing delays and improve your experience with the actuarial private letter ruling process, we identified the following list of common errors and issues that tend to slow down the process.

Explains the different forms of distribution.