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
Time to Update Your Calendar: SECURE 2.0 Required Interim Amendment Deadline Changes (Again)
Among the many nuggets in Notice 2024-2 (Miscellaneous Changes Under SECURE 2.0 Act of 2022) (the “Notice”), affectionately referred to as the “grab bag” of
Electric Slide: Electronic Filing of Form 5558 Delayed
Everything is going paperless these days. Saving trees and speeding things up. The IRS announced in November 2023 that Form 5558 (Application for Extension of
Happy New Year from KLB Benefits Law Group
We wish you a prosperous, healthy, and happy 2024! Our offices will be closed on Monday, January 1, 2024 in observance of the holiday.
Time to Review Non-English Language Requirements for SBCs and Claims Notices
Following the release of the 2020 census data, the Centers for Medicare and Medicaid has announced the issuance of updated “County Data for Culturally and
Happy Holidays from KLB Benefits Law Group!
Wishing you a warm and wonderful holiday spent with your friends and family. Our offices will be closed on Monday, December 25, 2023 and Monday,