Pension Distribution Answer Book, 2012 Edition

By Melanie N. Aska, Joan Gucciardi, Melanie N. Aska Knox

Book Overview

Pension Distribution Answer Book delivers fast, easy-to-understand guidancefor interpreting statutes and regulations and complying with burdensomedistribution tax and reporting rules. Stay current with the hundreds ofregulations pertaining to qualified plan distributions.Pension Distribution Answer Book guides you through the maze of legal,administrative, and tax requirements for all types of distributions...anddelivers the facts you need to solve a problem, answer a question, make adecision, or simply find out what the experts think.This practical reference keeps you current on:Plan disqualificationHighly compensated employeesRollover distributionsDiscrimination rulesTransfersLump sum distributionsLoansAnd much more!The 2013 Edition of Pension Distribution Answer Book has been updated toinclude:Discussion of Revenue Ruling 2012-4 and how the Section 415(b) defined benefitlimits are affected by annuity benefits elected to be paid from rolloveraccountsCoverage of proposed Section 417(e) regulations that explain minimum lump sumrules applicable to bifurcated benefits (i.e., elections to have benefits paidas a combination of an annuity and a lump sum)Analysis of longevity annuities and qualifying longevity annuity contracts andtheir impact on required minimum distributions rules within proposed Section401(a)(9) regulationsDescription of Revenue Ruling 2012-3 and the application of QJSA and QPSArules to investments in deferred annuity contractsAnalysis of Revenue Ruling 2012-4, 2012-8 I.R.B. 386, describing thecircumstances under which a defined benefit pension plan may accept a directrollover from a defined contribution plan maintained by the same employer andprovide an annuity attributable to the amount directly rolled overDiscussion of Watson v. Commissioner, in which the Tax Court ruled that theage 55 exception under Section 72(t)(2)(A)(v) to the 10 percent additionalincome tax on early distributions applies only if the participant is at leastage 55 when he or she separates from serviceAnalysis of Private Letter Ruling 201147038, which holds that sham retirementsmay not trigger distributions of early retirement benefits from definedbenefit pension plansDescription of the change in the District of Columbia's income tax withholdingrules applicable to qualified retirement plan distributionsCoverage throughout of new submission requirements for requests for IRSdetermination and new scope of favorable determination letters

• Format: Hardcover
• Language: English
• ISBN: 0735508860
• ISBN13: 9780735508866
• Release Date: October 2011
• Publisher: Aspen Publishers
• Length: 1154 Pages
• Weight: 4.75 lbs.