Employee Benefits


EMPLOYEE BENEFITS

The IRS issues final regulations related to the “minimum cost” requirement under IRC section 420, which governs the transfer of excess defined benefit pension plan assets to a retiree health account. The new rules, which apply to transfers occurring on or after December 18, 1999, have an effective date of June 19, 2001 ( ftp.fedworld.gov/pub/irs-regs/td8948.pdf ).

SPONSORED REPORT

A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.