New IRS Rules on Direct Rollovers of Taxable and Non-Taxable Amounts Require Changes to Defined Contribution Plan Administration by January 1, 2015

Overview


Nancy Gerrie, Maggie McTigue, Diane Morgenthaler and Joseph Urwitz wrote this bylined article on new IRS guidance allowing participants to allocate the taxable and non-taxable portions of a single distribution from a defined contribution retirement plan into separate accounts. “Sponsors of defined contribution retirement plans should consider how their administrative practices and participant communications may need to be changed in light of these new rules,” the authors wrote. Read the full article