• Common IRS document requests in 401(k) plan audits

    The IRS has recently increased its audits of employer 401(k) plans. Rather than wait for an audit, plan administrators should proactively consider potential issues and take any necessary corrective measures. The following is a brief rundown of what the IRS will request at the outset of an audit, as well as a non-comprehensive list of issues commonly scrutinized by the IRS during a 401(k) plan audit.
  • Financial Policies 101

    Learn how a well-written financial policy can offer a multitude of ongoing benefits for your organization.
  • Money market fund reform becomes reality. What’s changing?

    On July 23, 2014 the US Securities and Exchange Commission (SEC) adopted a Final Rule that amends Rule 2a-7 of the Investment Company Act of 1940, which governs money market funds. These long anticipated amendments are designed to provide both structural and operational reform addressing an investor run on funds during a financial crisis, as was seen in 2008. The Final Rule becomes effective sixty days after publication in the Federal Register and provides for a two-year implementation period.
  • SEC enforcement of federal securities laws

    Due to increased concerns about potential widespread violations of the federal securities laws by municipal issuers and underwriters the SEC has undertaken a new initiative to identify and clean up false certifications.
  • The Affordable Care Act: where are we now?

    Employers are now more than ever faced with additional obligations under the Affordable Care Act, this article provides an overview of how the final regulations affect employer groups by employee size.