Maggie McTigue 

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Maggie 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 and 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...

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DOL Provides Greater Flexibility for Distribution of Annual Participant Fee Disclosure Effective Immediately


By , and 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.

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New IRS Rules on Direct Rollovers of Taxable and Non-Taxable Amounts Require Changes to Defined Contribution Plan Administration By January 1, 2015


By , and 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....

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New Money Market Fund Rules Require Review by Retirement Plan Sponsors


By and 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...

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Additional Affordable Care Act Guidance Clarifies Exchange Notices and 90-Day Waiting Period


By 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.

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