VIEWpoint Issue 1 | 2022
Brief Insights | Meeting Provider Relief Fund Reporting Requireme...
VIEWpoint Issue 2 | 2021
Weathering the Storm of Rising Inflation
Want to See Into the Future? Delve Deeper Into Forecasting
Clean Vehicle Credit Comes With Caveats
As an employee benefit plan sponsor, you have a fiduciary responsibility to ensure that your qualified plan complies with all current employee benefits laws and regulations, and operates within the plan’s current provisions. To help ensure your defined contribution plan meets compliance standards, the Internal Revenue Service (IRS) encourages plan providers to consider this seven-question checklist:
If you made hardship distributions without a plan provision, you must amend your plan document retroactively.
Answering “no” to any of these questions may result in serious consequences for the plan. If you believe your plan requires corrective action, please contact Doeren Mayhew’s employee benefit plan specialists to review your plan’s correction options.
This publication is distributed for informational purposes only, with the understanding that Doeren Mayhew is not rendering legal, accounting, or other professional opinions on specific facts for matters, and, accordingly, assumes no liability whatsoever in connection with its use. Should the reader have any questions regarding any of the news articles, it is recommended that a Doeren Mayhew representative be contacted.
A quick registration is required to view our resources.
You will only be asked to do this one time (unless you don't save your browser cookies).