The Pension Answer Book 2014

The 2014 Pension Answer Book covers the most recent legislative, regulatory, and case law developments so you're never without the information you need to detect compliance and regulatory issues - ensuring you make the right decisions and avoid potential problems.

The 2014 Pension Answer Book is not only comprehensive in scope, but remarkably accessible, too. Clear, jargon-free language and an efficient question-and-answer format combine to speed your research every time. No wonder it's found on the desks of professionals and academics alike.

Always Up-To-Date...Always Accurate!

Renowned pension expert Stephen J. Krass provides rigorous updates that regularly re-establish this remarkable volume as the definitive work of its kind. No matter what type of defined benefit, defined contribution or combo plan you're working with, The 2014 Pension Answer Book will give you the up-to-date, reliable answers you need.

The 2014 Pension Answer Book has been fully updated to reflect the changes made by the Revenue Rulings, Revenue Procedures, Notices, Announcements, and Private Letter Rulings issued by IRS, Opinion Letters and Interpretive Bulletins issued by DOL, final and proposed regulations issued by both IRS and DOL, and important case decisions.

The following topics are discussed in The 2014 Pension Answer Book:

• The Windsor decision, redefining:
  • Spouse
  • Husband and wife
  • Husband
  • Wife
  • Marriage
• For 2013, increases in the dollar limitation applicable to the annual retirement benefit under a defined benefit plan ($205,000), the annual addition under a defined contribution plan ($51,000), compensation ($255,000), and elective deferrals under 401(k) and 403(b) plans ($17,500)
• Self-employed individual's plan contribution deduction
• Updated covered compensation tables
• Amendments of annual funding notice requirements
• More IRS rulings on minimum funding waivers
• Section 204(h) Notice
• Waiver of spousal benefits in:
  • Antenuptial agreements
  • Postnuptial agreements
  • Divorce decisions
• IRS concern with automatic revocation of spouse as beneficiary
• IRS frequently asked questions (FAQs) regarding required minimum distributions
• More rulings on required minimum distributions
• Participant loans where employer maintains more than one plan
• The 10 percent tax on early distributions
• Modifications of the IRS determination letter program
• Updated Employee Plans Compliance Resolution System (EPCRS)
• More on the Delinquent Filer Voluntary Compliance (DFVC) Program
• Penalties for not producing requested documents
• Failure to timely deposit employee salary deferrals
• DOL guidance on application of ERISA to certain cleared swap transactions
• DOL advice concerning contribution of a single parcel of employer real property to a pension plan
• DOL proposed amendments regarding abandoned plans
• Final report of results of IRS compliance questionnaire sent to 401(k) plan sponsors
• More on employer stock ownership plan (ESOP) stock-drop case
• Multiemployer plans and inadequate recording keeping of work performed
• Multiemployer plan withdrawal liability decisions
• IRAs and bankruptcy
• 403(b) plan determination letter program