07/21/15 - FocusOn Call on Treasury Limitations on Lump Sum Payouts for Participants in Pay StatusTuesday, July 21, 2015 (2pm - 3:30pm US/Eastern) |
The registration period for this meeting has ended.
This is a member-only call.
The slides for this call are posted at the bottom of this page.
We have scheduled a FocusOn call to discuss Treasury Notice 2015-40, which bans lump sum windows for retirees/beneficiaries in pay status as of July 9, 2015. Robert Newman and Mike Francese of Covington will provide legal and procedural analysis on this issue, including the background of lump sum windows for individuals in pay status, the reaction from some policymakers and advocacy groups, as well as the details of Notice 2015-49, including Treasury Department analysis of section 401(a)(9) and reasoning behind the ban on the lump sum windows in this context. We also will kick off a discussion regarding ERIC’s strategy in reaction to Notice 2015-49, including whether we should raise a concern over process and formally request a withdrawal of Notice 2015-49 until formal notice and comment has taken place through proposed rulemaking. Please come with your thoughts and recommendations in this regard.
To register for the call, click on the "Register Now" link at the top of this page (you will need your username and password to register).
If you are a prospective member and would like to participate in the call, please contact ERIC at 202-789-1400 or by e-mail: memberservices@eric.org.
Related Files:
| ERIC - Retiree Lump Sum FocusOn Call (July 2015) |