Bill Ellis

Jun 13, 2024 | thelink.ascensus.com | Bill Ellis

By Bill EllisWith the enactment of the SECURE 2.0 Act, what are the parameters for a retirement plan to complete a correction under the IRS Employee Plans Compliance Resolution System (EPCRS)? Original guidance for retirement plan corrections under the EPCRS was first laid out in Revenue Procedure 2021-30. With the passage of SECURE 2.0, interim guidance for plans to correct under EPCRS can now be found in IRS Notice 2023-43 and IRS Notice 2024-02.

Mar 13, 2024 | themtnear.com | Bill Ellis

How to Place an Obituary Click Here to Submit an Obituary OnlineAfter your loved one passes away, you have so many contractual details to deal with, like home, finances, burial and funeral arrangements, the last thing you want to think about is placing an obituary in your local paper, but doing so is very important.

Jul 18, 2023 | thelink.ascensus.com | Bill Ellis

By Bill EllisCertain events in the life of a retirement plan may lead to some assets being temporarily allocated to special unallocated accounts, rather than being credited to a specific plan participant. This is the case with both forfeiture accounts and suspense accounts, which—perhaps not surprisingly—are sometimes confused with one another. How does a retirement plan accumulate funds in a forfeiture account?

Jun 14, 2023 | wsslfm.iheart.com | Bill Ellis

May 21, 2023 | wsslfm.iheart.com | Bill Ellis