The 2006 Pension Answer Book (Pension Answer Book)

Utilizing a question and answer format, the authors (of the New York City law firm Krass, Snow & Schmutter, P.C.) present a single-volume reference work for pension professionals working in the United States. The work has been updated to take into account the new Working Families Tax Relief Ac of 2004 and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, among other legislative and regulatory changes. The volume's 36 chapters cover types and choices of plans, highly compensated employees, requirements for qualification, eligibility and participation, contribution and benefit limitations, permitted disparity, funding requirements, vesting, distribution requirements, tax and insurance issues, determination letters, IRS and Department of Labor correction programs, reporting requirements, and fiduciary responsibilities. They also describe the different types of plans, including top-heavy plans, 401 (k) plans, employee stock ownership plans, multiemployer plans, Roth IRAs, simplified employee pensions, saving incentive match plan for employees, rollovers, and tax-sheltered annuities. An appendix provides tables detailing IRC sections, Treasury regulations, ERISA sections, Department of Labor regulations, revenue rulings and procedures, letter rulings, notices and announcements, cases, and PBGC--Pension Benefit Guaranty Corporation--related material. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)