linkedin facebook  twitter

 

 or Call (888) 634-0001

IRS Announces Relief for Late Rollovers of Retirement Plan Funds

Posted by Jennifer C. Plail CPA

Sep 29, 2016 8:32:00 AM

The IRS has released new guidance to help taxpayers avoid taxes and penalties for late rollovers of distributions from employer-sponsored retirement plans and individual retirement accounts (IRAs). Ordinarily, such rollovers must be completed within 60 days to be considered valid. The new guidance establishes a process for taxpayers who miss the 60-day rollover window for any one of 11 different reasons to correct the error.

Read More

Topics: ira rollover, ira, employee benefit plan, individual retirement accounts, retirement plan, irs rev proc 2016-47



IRS Posts New Retirement Account Limits for 2015

Posted by The Dopkins Tax Advisory Group

Nov 25, 2014 1:39:00 PM

The IRS has announced the 2015 contribution limits for both employer-sponsored plans and individual retirement accounts (IRAs). Increased limits may provide individuals and businesses with opportunities for additional tax savings in the coming year.

Read More

Topics: retirement planning, ira, iras, 401(K), retirement account, employee benefit plan, individual retirement accounts





Join Our Mailing List


Recent Blogs

Posts by Topic

see all