Phone Forums - Retirement Plans
Free phone forums featuring IRS employees discussing retirement plan topics.
Upcoming Phone Forums
403(b) Corrections and Examination Trends - May 23, 2013
A discussion on Revenue Procedure 2013-12 will include guidance on correcting 403(b) plan failures and updates to the Employee Plans Compliance Resolution System. Join Avaneesh Bhagat, Voluntary Compliance group manager; Stephanie Bennett, Voluntary Compliance Program coordinator and Robert Cremeens, program analyst, who will review issues found in recent 403(b) audits and correcting 403(b) plan failures. If you have a specific matter that you’d like addressed, please email email@example.com by before May 21.
Registration Link - after registering, you’ll receive an email with detailed access instructions.
Date: May 23, 2013
Time: 1:00 p.m. Eastern
Duration: 90 minutes.
What You Need to Know about the 403(b) Pre-Approved Plan Program - June 25, 2013
Learn about the upcoming 403(b) Pre-Approved Plan Program. Join IRS tax law specialists Anne Bolling, Patrick Gutierrez, and Jason Levine as they discuss the new Program, outlined in Revenue Procedure 2013-22, set to open June 28, 2013. If you have a specific question that you would like us to address, please email us at firstname.lastname@example.org by June 18, 2013.
Registration Link - after registering, you’ll receive an email with detailed access instructions.
Date: June 25, 2013
Time: 1:00 Eastern
Duration: 90 Minutes
Continuing Education (CE) Credits
- Enrolled Agents and Enrolled Retirement Plan Agents may earn CE credit for attending the entire phone forum. The forum is also intended to meet the CE requirements for Enrolled Actuaries, but the final decision rests with the Joint Board for the Enrollment of Actuaries. Other professional groups should consult with their licensing agencies regarding CE credit.
- Participants must register individually and use their own assigned PIN to receive CE credit.
- Each participant must use an individual phone line to establish attendance and the length of time attending the forum.
- We’ll email a Certificate of Completion to those participants who meet the attendance requirement.
- Interested in other opportunities to earn free CE credits?
If you have question(s), please contact us at email@example.com.
Recently Held Phone Forums
What You Need to Know About the IRS Final 401(k) Questionnaire Report and Next Steps - May 13, 2013 - Discussed significant findings and next steps (including outreach, guidance and compliance projects) and a new self-audit tool to help 401(k) plan sponsors avoid costly mistakes.
Handout: Final 401(k) Questionnaire Report Presentation (Updated)
Defined Benefit Plan Update - April 23, 2013 - Discussed recent developments affecting defined benefit plans.
Handout: Defined Benefit Plan Update Presentation
International Issues Involving Retirement Plans in U.S. Territories - March 21, 2013 - Discussed audit results and recurring issues of retirement plans in U.S. Territories, and Employee Plans’ 2013 fiscal year strategies and operating priorities.
Handout: International Issues Involving Retirement Plans in U.S. Territories Presentation
Overview of the 2012 Cumulative List of Plan Qualification Changes - February 28, 2013 - Discussed the list of plan changes to by plan sponsors and practitioners submitting determination letter applications during the period beginning February 1, 2013 (Notice 2012-76).
Handout: Overview of the 2012 Cumulative List of Plan Qualification Changes Presentation
Employee Plans Compliance Resolution System Changes - February 21, 2013 - Session #1 & 2 - Discussed Revenue Procedure 2013-12 and the various changes to the IRS correction programs.
Handout: EPCRS Changes Presentation
Ethical Standards for and Accountability of Practitioners Offering Tax Advice Relating to Employee Benefit Plans - February 13, 2013 - Discussed professional standards of conduct applicable to, and the accountability of, individuals that provide tax advice relating to employee benefit plans.
Handout: Ethical Standards Presentation
Retirement plans can make loans, hardship distributions to Sandy victims - December 11, 2012 - Discussed Announcement 2012-44 and the options available to employees their families and plan sponsors.
Handout: Hurricane Sandy Relief Presentation
MAP-21: Changes to Segment Rates - September 27, 2012 - Discussed the Moving Ahead for Progress in the 21st Century Act (MAP-21) and recently released related guidance.
Handout: MAP-21 Presentation
EPCRS: Correction of 401(k) Plan Mistakes (September 7, 2012) - How to correct common mistakes in 401(k) plans.
Handouts: Correction Methods for 401(k) Failures Presentation
Lifetime Annuity Guidance (August 28, 2012) (Audio and Transcript) - Guidance designed to encourage lifetime annuity options for retirees. The presentation included Revenue Ruling 2012-3, Revenue Ruling 2012-4, and proposed regulations under sections 401(a)(9) and 417(e)(3) of the Code.
Handout: Lifetime Annuity Guidance Presentation
Operating Under the Written Plan Requirements and Common Issues Identified in 403(b) Plans (June 12, 2012) (transcript)- Frequent questions pertaining to the 403(b) written plan requirements and how the IRS is approaching the written plan requirement under audit.
Handouts: Operating Under the Written Plan Requirements and Common Issues Identified in 403(b) Plans Presentation
Governmental Plan Proposed Guidance (May 15, 2012) (transcript) - Proposed drafts of the general guidance on possible standards for determining if a retirement plan is a governmental plan under IRC section 414(d).
Indian Tribal Government Retirement Plans (April 24, 2012) - Possible standards for determining whether a plan of an Indian Tribal Government is a governmental plan within the meaning of section 414(d) of the Code.
EP Determination Letter Program Update (March 30, 2012) (transcript) - Important changes to the Employee Plans determination letter program.
Handout: EP Determination Letter Program Update Presentation
401(k) Questionnaire Interim Report IRS Phone Forum (March 6, 2012) (transcript) - 401(k) Questionnaire Interim Report, its next steps, and current issues.
Handout: 401(k) Questionnaire Interim Report Presentation
Determination Letter Issues Regarding Employee Stock Ownership Plans (October 28, 2011) (transcript) - technical issues affecting ESOPs and recurring issues noted in ESOP determination letter submissions
Handout: Determination Letter Issues Regarding Employee Stock Ownership Plans Presentation
Current Developments and Issues from the office of Employee Plans Rulings and Agreements (September 21, 2011) (transcript) - technical guidance hot topics and voluntary compliance applications
Handout: Current Developments and Issues Presentation
Participant Loans (September 12, 2011) (transcript) - treatment of loans as distributions, taxability and IRC §4975
Handout: Participants Loans Presentation
Helpful Links: The Fix Is In: Common Plan Mistakes - Participant Loans in 401(k) Plans; The Fix Is In: Common Plan Mistakes - Plan Loan Failures and Deemed Distributions; Retirement Plans FAQs regarding Loans
Ethics for Employee Plans Practitioners (July 29, 2011) (transcript)- ethical standards of practice before the IRS applicable to employee benefits practitioners
Handout: Ethics for Employee Plans Practitioners Presentation
Funding Standards and Relief for Single and Multiemployer Plans (April 28, 2011) (transcript) - funding standards applicable to single and multiemployer pension plans
Handout: Funding Standards Presentation
Form 5330 - Completion and Processing Tidbits (March 24, 2011) (transcript) - proper completion and processing of the Form 5330, along with ways to avoid common mistakes
- Form 5330 - Completion and Processing Tidbits Presentation Outline
- Form 5330
- Instructions to Form 5330
- Revenue Ruling 2006-38
- Questions and Answers
- Example - Form 5330 - IRC 4979
Hybrid Plans (November 23, 2010) (Transcript) - new hybrid plan regulations
- Hybrid Plan Regulations Phone Forum Presentation
- Final regulations with guidance for hybrid defined benefit plans.
- Proposed regulations with guidance for plans that compute accrued benefits by reference to a hypothetical account balance or equivalent amounts and regarding accrued benefit requirements for hybrid retirement plans.
Basics of Roth Conversions/Retirement Planning (September 30, 2010) (Transcript) - the impact of life events on retirement planning and the basic rules applicable to Roth conversions, loans, cashouts, rollovers and required minimum distributions.
Handout: Basics of Roth Conversions/Retirement Planning Presentation
A SIMPLE Solution for Finding and Fixing SIMPLE IRA Plan Mistakes (September 27, 2010) (Audio and Transcript) - how to identify, correct and avoid common mistakes in operating SIMPLE IRA plans.
Handout: SIMPLE Solution for Finding and Fixing SIMPLE IRA Plan Mistakes Presentation
Abusive Tax Avoidance Transactions and Emerging Issues (August 24, 2010) (Audio and Transcript) - ATATs and and how they can threaten saving for retirement.
Handout: Abusive Tax Avoidance Transactions and Emerging Issues Presentation
EPCRS: Plan Correction Issues (August 24, 2010) - recurring issues found in ECPRS.
Handout: EPCRS: Plan Correction Issues Presentation
ESOP Update (June 24, 2010) (Audio and Transcript) - "Qualified participant" and "Qualified election period" as defined in the Code, the repurchase of employer security and issues related to the transfer of employer security and cash between plan accounts.
Handout: ESOP Update Phone Forum Presentation
Form 2848 vs. Form 8821 (June 1, 2010) (Audio and Transcript) - the proper use and completion of Form 2848 (Power of Attorney and Declaration of Representative) vs. Form 8821 (Tax Information Authorization).