Accumulated Sick and Vacation Pay Deferred to 403(b) or 457(b) Plans
June 2, 2016 - 2 p.m. Eastern Time
IRS Presenters:
Lori Stieber, Revenue Agent, Office of Federal, State and Local Governments
Patricia A. Regetz, Revenue Agent, Office of Federal, State and Local Governments
Learn about:
- When is accumulated sick and vacation leave pay subject to Federal Employment Taxes
- When can taxes be deferred and for how long?
- What is an elective contribution?
Understanding the Universal Availability Rules in a 403(b) Retirement Plan
May 19, 2016 - 2 p.m. Eastern Time
IRS Presenters:
Bob CreMeens, Senior Program Analyst, Office of Employee Plans
Mary Lou Bailey-Funk, Senior Internal Revenue Agent, Office of Employee Plans
Reese Scripture, Senior Internal Revenue Agent, Office of Employee Plans
Learn about:
- Basic universal availability rules
- Treatment of adjunct faculty at universities
- Treatment of part-time, seasonal, and temporary employees
- The 20 hours per week and the 1,000 hours rules
- Controlled group situations and concerns
- Mayo ruling on medical residents and its impact
- The required notice to employees each year
- Ways to find, fix, and avoid universal availability errors
