Financial Services & Wealth Management News
May 25, 2020

Beware of the IRS and DOL: Four Red Flags They Seek on Form 5500

Form 5500 is an ERISA requirement for retirement plans to report and disclose operating procedures. Advisors use this to confirm that plans are managed according to […]
April 29, 2020

Are You Ready for an Audit?

Several events can trigger a DOL or IRS audit, such as employee complaints or self-reporting under the annual submission of the Form 5500. Oftentimes an audit […]
April 2, 2020

Another Way to Save: New Tax Credit for Plan Participants

According to a Transamerica Center for Retirement Studies (TCRS) report, fewer than four in ten U.S. workers know about a tax credit that may help them […]
July 8, 2019

Hey Joel! – Is it My Responsibility to Track This Money Down?

Welcome to Hey Joel! This forum answers plan sponsor questions from all over the country by our in-house former practicing ERISA attorney. Hey Joel, One of my […]
November 5, 2018

New IRS Indexed Limits for 2019

As published in IRS News Release IR-2018-83, Nov. 1, 2018. Click here to download the 2019 IRS Index. Highlights of Changes for 2019 The contribution limit […]
June 4, 2018

Are You Prepared for an IRS Audit?

Michael Viljak, Manager of Advisor Development The Internal Revenue Service’s (IRS’s) Employee Benefit Audit Program is used to audit and enforce. The IRS’s emphasis, with respect […]