Publisher's Synopsis
<p> <i><b>Pension Distribution Answer Book</b></i> delivers fast, easy-to-understand guidance for interpreting statutes and regulations and complying with burdensome distribution tax and reporting rules. Stay current with the hundreds of regulations pertaining to qualified plan distributions. </p> <p> <i><b>Pension Distribution Answer Book</b></i> guides you through the maze of legal, administrative, and tax requirements for all types of distributions...and delivers the facts you need to solve a problem, answer a question, make a decision, or simply find out what the experts think. </p> <p> This practical reference keeps you current on: </p> <ul> <li> Plan disqualification </li> <li> Highly compensated employees </li> <li> Rollover distributions </li> <li> Discrimination rules </li> <li> Transfers </li> <li> Lump sum distributions </li> <li> Loans </li> <li> And much more! </li> </ul> <p> The 2013 Edition of <i><b>Pension Distribution Answer Book</b></i> has been updated to include: </p> <ul> <li> Discussion of Revenue Ruling 2012-4 and how the Section 415(b) defined benefit limits are affected by annuity benefits elected to be paid from rollover accounts </li> <li> Coverage of proposed Section 417(e) regulations that explain minimum lump sum rules applicable to bifurcated benefits (i.e., elections to have benefits paid as a combination of an annuity and a lump sum) </li> <li> Analysis of longevity annuities and qualifying longevity annuity contracts and their impact on required minimum distributions rules within proposed Section 401(a)(9) regulations </li> <li> Description of Revenue Ruling 2012-3 and the application of QJSA and QPSA rules to investments in deferred annuity contracts </li> <li> Analysis of Revenue Ruling 2012-4, 2012-8 I.R.B. 386, describing the circumstances under which a defined benefit pension plan may accept a direct rollover from a defined contribution plan maintained by the same employer and provide an annuity attributable to the amount directly rolled over </li> <li> Discussion of Watson v. Commissioner, in which the Tax Court ruled that the age 55 exception under Section 72(t)(2)(A)(v) to the 10 percent additional income tax on early distributions applies only if the participant is at least age 55 when he or she separates from service </li> <li> Analysis of Private Letter Ruling 201147038, which holds that sham retirements may not trigger distributions of early retirement benefits from defined benefit pension plans </li> <li> Description of the change in the District of Columbia's income tax withholding rules applicable to qualified retirement plan distributions </li> <li> Coverage throughout of new submission requirements for requests for IRS determination and new scope of favorable determination letters </li> </ul> <p> </p>
