Retirement Plan Compliance
Retirement plans must comply with complicated rules set forth under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (Code). Our attorneys specialize in these requirements, including:
- Reporting and disclosure requirements including Form 5500 filing
- Plan document compliance including required restatements, interim amendments, and discretionary amendments
- Non-discrimination testing requirements and options
- Distributions (in-service, post-termination, required minimum, and after death)
- Partial terminations following significant lay-offs as well as other vesting issues
- Qualified domestic relations orders (QDROs)
- Summary plan descriptions (SPDs) and summaries of material modifications (SMMs)
- Claims procedures
See our article on Non-English Language Assistance Requirements Under ERISA & ACA, published in Bloomberg Law’s Professional Perspectives in March 2023.
See our article on Spousal Consent Requirements Under Qualified Retirement Plans, published in Bloomberg Law’s Professional Perspectives in January 2023
The NUA Transaction: How to Exit Your ROBS Plan Without a Cash Redemption
When a ROBS owner is ready to transition out of a ROBS arrangement, it can be very expensive for the company to accomplish the exit
New Clarity Regarding Plans Affected by the Automatic Enrollment Requirements Beginning in 2025
The various automatic deferral contribution arrangements in qualified retirement plans can be helpful and a headache at the same time. By making participation the plan
How Long Should a Plan Sponsor Hold On to Plan Documents?
Record retention is an important but frequently confusing task. What is required? What is a best practice? While the answer to these questions vary based
Ownership Attribution Rules for ROBS Plans– Focus on IRC Section 318
For the non-plan business operations of a ROBS company, it is easy to identify the company owner—it’s the so-called “ROBS owner,” who is very likely
KLB Benefits Law Group Wishes You a Wonderful President’s Day Weekend
In observance of the holiday, our offices will be closed on Monday, February 19th, 2024.