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- Using a Section 115 Trust to Help Manage Pension Obligations 2.2k views | posted on September 13, 2017
- Public Agency Board Members’ Worker Classification Matters for Tax Purposes 1.3k views | posted on July 22, 2019
- If You Don’t Have a Section 218 Agreement, Watch Out for the Social Security “Gotcha” 1.2k views | posted on October 19, 2018
- Chapter 13: Some Things Are Worth Repeating – Beware of PTO Cash-Outs! 1k views | posted on April 22, 2014
- Using 457(b) Unforeseeable Emergency Distributions During the Coronavirus Crisis 1k views | posted on March 24, 2020
- Chapter 28: Why Cashing Out PTO Next Year Doesn’t Work 1k views | posted on August 15, 2016
- The CARES Act’s New Rules for Coronavirus-related Distributions from Governmental 457(b) Plans 893 views | posted on April 2, 2020
- Take Care When Cost-Sharing Under CalPERS 853 views | posted on November 7, 2019
- Why You Need to “Monitor” Full-time, Temporary Employees 852 views | posted on August 30, 2018
- COVID-19 Pandemic May Force Some Cities to Reset Employee Benefits 837 views | posted on May 11, 2020
Tag Archives: california governmental retirement
Does Your Plan Have A Proper Fiduciary Structure?
By Jeff Chang Recently, we have dealt with an “epidemic” of retirement plans, both very large and very small, that all have the same problem – the lack of a proper fiduciary structure. Why? As with so many personnel and … Continue reading
Posted in 401(a), 457(b) Plans, Administrative Committee, Authority, fiduciary, Governmental plans, Investments, Plan Administration, Plan Administrator
Tagged 401(a), 457(b), administrative committee, authority, california employer, california governmental retirement, fiduciary, governmental retirement plan, investments, Plan Administrator
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Chapter 24: 457(b) Plan Fees And Revenue Sharing
By Jeff Chang Many public agencies pay little attention to their 457(b) plans because the agencies are not “paying” for them out of their own budgets. See Have You Checked Your Retirement Plan Fees Lately? Plan fiduciaries are legally required, … Continue reading
Posted in Governmental Retirement, Plan Fees
Tagged california governmental retirement
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Chapter 19: Get the IRS’ Blessing for Your 401(a) Plan – Before It’s Too Late
By: Jeff Chang The IRS has just announced major changes to its program for reviewing and approving the qualified status of certain retirement plan documents (see, Announcement 2015-19). Essentially, the Service is doing away with its program for issuing determination letters … Continue reading
Posted in Employer's Government Status, Governmental Retirement, individually designed plan, IRS plan review, Pension, Pre-Approved
Tagged california governmental retirement, california retirement, governmental retirement plan, individually designed plans, IRS qualified
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Chapter 18: It’s Supposed To Go To Whom? Beneficiary Designation In Governmental Defined Contribution Plans
By: Jeff Chang Here’s an interesting difference between public and private industry plans that we were reminded of recently and that we’d like to share with our governmental clients and their advisors because it can be so problematic. In most private … Continue reading
Posted in Beneficiary Designation, Governmental Retirement, Pension
Tagged beneficiary, california governmental retirement, designation of beneficiary, Government Pensions, pre-approved governmental retirement plan
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Chapter 5: Why Governmental Employers Should Care About Their Reporting Of Employee’s Wages
By: Jeff Chang This entry comes to you with the help of my colleague Wendy Tauriainen. A couple of weeks ago we got to talking about the fact that dozens, if not hundreds, of local governments and special districts appeared to … Continue reading
Posted in Governmental plans, Governmental Retirement, Retiree Health
Tagged california governmental retirement, governmental employer, governmental retirement plan, paid time off, payroll taxes, PTO, PTO cash-out, W-2, wage reporting
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