Knowledge Center

Articles September 21, 2015 IRS Eliminates Lump-Sum Cashout Windows for Pension Plan Retirees in Pay Status

2015-09-21 By Peter Alwardt, CPA The Internal Revenue Service recently announced in Notice 2015-49 an intention to eliminate the ability of pension plan sponsors to provide lump-sum cashout windows for retirees already receiving annuit…

Articles October 29, 2014 Retirement Plan Limitations for 2015

Recent changes affecting employee benefit plans. The cost-of-living adjustments applicable to the dollar limitations for pension plans and defined contribution plans have changed. Review the chart to view changes for IRA's, SEP's, 401(k), 403(b) and …

Articles April 24, 2014 It’s Never Too Early (or Too Late) to Save for Retirement

NJTV News interview about saving for retirement. Diane Wasser, Partner-in-Charge of EisnerAmper’s Pension Services Group was interviewed in regard to saving for retirement. It's never too early or too late to start saving for retirement.

Articles February 27, 2014 Disposition of Forfeitures in 401(k) and other Defined Contribution Plans

Most defined contribution plans have a vesting schedule associated with the employer contributions. When an employee terminates prior to becoming 100% vested, they are entitled only to the portion of their account balance that is vested.

Articles February 13, 2010 What to Expect in a Plan Audit - Intro

Form 5500 Requirements including Financial Reporting Requirements such as plan audit objectives and what is audited. Preparing for the Annual Audit including what the auditor is expecting of You.

Articles February 13, 2010 What to Expect in a Plan Audit - Part 1

New Reporting Requirements for Form 5500 and 2009 Annual Reporting with EFAST2. Department of Labor Update Electronic filing of form 5500. EFAST2 Credentials and Process and Prepare for the New Schedule C.

Articles November 11, 2009 Retirement Plan Audit Strategies and New 403(b) Regulations

New 403b Regulations Plan Document Requirements Retirement Plan Audit Strategies. ERISA generally requires audits for plans with 100+ eligible participants at the beginning of a plan year. 403b To-Do List, selecting the auditor and what to expect fro…