Maggie McTigue
Subscribe to Maggie McTigue 's PostsMaggie McTigue focuses her practice on employee benefits matters relating to pension and 401(k) plans, executive compensation, and health and welfare benefit plans. She regularly assists clients with employee benefit plan filings and notices required by the Department of Labor and the Internal Revenue Service. Maggie also has experience regarding plan investment issues under the Employee Retirement Income Security Act of 1974 (ERISA). Read Maggie McTigue's full bio.
Recent IRS Guidance Prohibits Lump-Sum Windows for Pension Retirees, Updates Pension Mortality Tables for 2016
By Jeffrey Holdvogt and Maggie McTigue on Sep 3, 2015
Posted In Employee Benefits, Employment, Retirement Plans
The Internal Revenue Service (IRS) recently issued two significant notices for employers that sponsor defined benefit pension plans, particularly those considering lump-sum windows as a “de-risking” option for their plans. In Notice 2015-49, the IRS notified plan sponsors that they are no longer permitted to offer retirees in pay status the option to take a...
Continue Reading
DOL Provides Greater Flexibility for Distribution of Annual Participant Fee Disclosure Effective Immediately
By Diane Morgenthaler, Jeffrey Holdvogt and Maggie McTigue on Apr 23, 2015
Posted In Employee Benefits, Employment
New guidance by the U.S. Department of Labor provides defined contribution plan administrators with additional flexibility to extend the 12-month period to a 14-month period for distribution of the required annual fee disclosure to plan participants and beneficiaries. Read the full article.
Continue Reading
New IRS Rules on Direct Rollovers of Taxable and Non-Taxable Amounts Require Changes to Defined Contribution Plan Administration By January 1, 2015
By Diane Morgenthaler, Joseph K. Urwitz and Maggie McTigue on Dec 10, 2014
Posted In Retirement Plans
The Internal Revenue Service recently released guidance allowing participants to allocate the taxable and non-taxable portions of a single distribution from a defined contribution retirement plan into separate accounts. Sponsors of defined contribution retirement plans should consider how their administrative practices and participant communications may need to be changed in light of these new rules....
Continue Reading
New Money Market Fund Rules Require Review by Retirement Plan Sponsors
By Maggie McTigue and Stephen Pavlick on Oct 9, 2014
Posted In Retirement Plans
The U.S. Securities and Exchange Commission recently amended the rules governing money market funds in an effort to increase the stability and liquidity of these funds in times of economic stress. Sponsors of retirement plans should consider how their use of money market funds should be changed in light of these revised rules. Read the...
Continue Reading
Additional Affordable Care Act Guidance Clarifies Exchange Notices and 90-Day Waiting Period
By Maggie McTigue on Sep 26, 2013
Posted In Health and Welfare Plans
Recent guidance clarifies the exchange notice requirement and the 90-day waiting period limitation under the Affordable Care Act. Read more here.
Continue Reading
