What's New
February 11, 2011 - The Department of Labor has announced that the implementation date of §408(b)(2) fee disclosure regulations has been delayed to April 1, 2012.
The DOL final regulation can be viewed here:
The Small Business Jobs Act of 2010 permits employers to amend their §401(k) or §403(b) plans to allow participants to transfer an eligible rollover distribution (ERD) into their designated Roth account in the plan if the transfer is of an ERD:
1. made after September 27, 2010;
2. from a non-designated Roth account in the same plan;
3. because of an event that triggers an ERD from the plan; and
4. otherwise meets the rollover requirements.
September 13, 2011 - The Department of Labor issued Technical Release 2011-03 setting an interim policy on the use of electronic media for §408(b)(2) fee disclosure.
Read the announcement at http://1.usa.gov/qssuhi
October 20, 2011 - The IRS announced Cost of Living Adjustments that apply to dollar limitations for pension (including 401k) plans tax year 2012.
See the Chart at
February 6, 2012 - The Department of Labor has issued Final Regulations for §408(b)(2) fee disclosure. Initial disclosure date for covered service providers is Sunday, July 1, 2012. Participants' initial annual disclosure must be provided by August 30, and first quarterly expense disclosure must be provided by November 14.
