Employee Plans News - Issue Number: 2012-1 – March 20, 2012

The IRS released Employee Plans News - Issue Number: 2012-1 – March 20, 2012. It contains the following articles:

· Lifetime income options;

· Next Year’s Guidance Plan;

· EP Published Guidance;

· Time to Adopt a New Defined Benefit Plan;

· Check the Status of Your Letter;

· New (Cycle A) Alert Guidelines;

· EP Determination Letter Program Update phone forum;

· Exam Priorities…With Monika Templeman - 401(k) Plans - What Else is Going On?;

· Follow-up on Learn, Educate, Self-Correct and Enforce Projects;

· EPCU Project on Domestic Trusts Maintained By Foreign Employers;

· We’re Glad You Asked;

· How to report 2010 Roth Rollovers and Conversions;

· Governmental Plans;

· PBGC publication;

· Tax Effect of Plan Disqualification;

· New on the Web;

· Register for IRS Nationwide Tax;

· Calendar of EP Benefits Conferences;

· DOL Corner;

· PBGC Insights

Retirement News for Employers – Winter 2012 Edition

The IRS released Retirement News for Employers – Winter 2012 Edition. It contains the following articles:

· 401(k) Questionnaire Interim Report

· Use an employee’s entire calendar-year compensation for determining employer contributions to SIMPLE IRA plans

· April 30 deadline for employers to adopt and submit determination letter applications for pre-approved defined benefit plans

· What’s a reasonable interest rate for participant loans?

· Before you take a loan from your retirement plan, there are a few rules you need to know

· Tips for Form 5558

· Using old forms may cause errors

· IRA required minimum distribution rules

· RMD rules for non-IRA plans for retiring participants over age 70½

· Saver’s Credit for 2011

· How to report 2010 Roth rollovers and conversions on your 2011 return

· EP Phone Forums

· New on the Web

· Enrolled Agent Special Enrollment Examination fee

· Renew your Preparer Tax Identification Number for 2012

· Retirement Plans News widget

· Employee Plans videos

· IRS social media tools

· Mark Your Calendar

· DOL News