Voluntary Compliance Resolution (VCR), which allows a plan sponsor
prior to audit and with IRS approval (and for a limited fee) to rectify operational defects that do not qualify for APRSC.
Asked why a sponsor
would wish to hold onto 40 apartments for a decade, Strobing says the reasons may vary.
It is expected that, under these regulations, the sponsor
will be treated as having engaged in a transaction directly with the other parties to the debt instruments, leases or other assets held by the conduit, and the holders of the self-amortizing interests in the conduit will be treated either as having engaged in the transaction directly with the other parties or in an income "stripping" transaction with the sponsor
But many experts believe there's still time to help participants capture a significant portion of this amount and improve their retirement incom security while at the same time benefiting plan sponsors
and service providers -- if someone educates the plan members.
It could even create thousands of legal challenges by current market renters who don't want to move and who take up the judge's invitation to challenge what is a reasonable rent, perhaps financially devastating the other shareholders or the sponsor
The plan sponsor
may not simply rely on the fact that a formal plan document exists.
have long invested in a broad range of asset classes to create returns that best offset the range of liabilities they face.
Over time, the Sponsor
Connect reporting tool will replace all traditional reporting methods currently available for all the services CitiStreet offers.
1997 was the year when sales of unsold co-op shares shifted emphasis from distressed offerings from institutions to positive cash-flow acquisitions from performing sponsors
After the deadline for plan amendments had passed, the IRS discovered significant numbers of plan sponsors
had not timely amended their plans.
If the insurer were to default on its obligations, the amount and timing of the receipt of funds, needless to say, would be important to the plan sponsor
Confederation College joined us this year as Bronze sponsor
in the northwest.
The result is minimal risk for the plan sponsor
and ease of budgeting, because they know their monthly and annual expenses in advance.
Robert DiMeo, of DiMeo Schneider & Associates, in Chicago says, "We helped one plan sponsor
reduce annual plan expenses by over $1 million in a year.
Given the many changes, a DFE'S sponsor
needs to consider the benefits of filing Form 5500 for each DFE that it sponsors