on the London Money Market, the automatic reinvestment of a maturing fixed term deposit for a further identical fixed term, an arrangement that can be canceled at any time
For retirement plan distributions after March 27, 2005, new automatic rollover rules apply to amounts that could have been involuntarily cashed out under prior law. As a result, most plan sponsors need to quickly change the processing of retirement plan distributions so that checks will not be mailed after March...
CHARLOTTE, N.C. -- RolloverSystems, which pioneered the independent, automated 401k rollover platform, today announced it will provide automatic rollover services to employees of the Society for Human Resource Management SHRM.
WAIVER OF IRA-ROLLOVER PENALTY NO SURE THING In April, you said the IRS now allows more taxpayers to avoid paying a penalty when they take more than 60 days to roll over funds from one IRA to another. What's the latest? The...
NEW YORK -- MetLife Retirement Plans, a division of MetLife Retirement & Savings, announced today that the company is working with Millennium Trust Company, LLC to provide its small- and medium-sized 401k plan customers with an automatic IRA rollover program. With more than 9,000 client accounts, Millennium Trust is a...
The National Highway Traffic Safety Administration published its new rollover rating system Monday. The "chance of rollover" score is based on NHTSA tests and calculations and is designed to be a more precise indicator of stability than the star ratings, which assign the most stars, up to five, to vehicles...
CHARLOTTE, N.C. -- RolloverSystems, which pioneered the independent 401k automated rollover platform, today announced it will provide rollover services - including automatic rollovers under EGTRRA - for employees of Daland Corporation, a large Pizza Hut franchisee in the U.S. Daland owns and operates 95 Pizza Hut restaurants in 12 states...
WASHINGTON -- The Ford Explorer Sport Trac got the worst rating among 14 vehicles subjected to a new government safety test designed to predict the likelihood of a rollover during a sharp turn. The Federal Auto Safety Agency, which announced the ratings Wednesday, uses a rating system in...
An executor can complete a rollover of a deceased taxpayer's IRA, the Service says privately. Here, the IRA owner who was over age 701/2 withdrew a portion of his IRA but died before he received the check. IRS says because the executor of his estate put...
Dec. 28--WASHINGTON--If you've shielded yourself in one of the monster-size vehicles that rule the road, you might be disturbed by new government rollover safety ratings. The idea that the bigger the vehicle the safer it is will be turned on its head with the...
MILFORD, Mich. -- General Motors Corp. will make side curtain air bags that protect people in rollover crashes standard equipment on all retail vehicles by the 2012 model year, the automaker announced Tuesday. The announcement was made as GM unveiled a new $10 million crash test facility in...
Byline: Kirk Wilson Jan 16, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- A Draft Determination issued by the Australian Taxation Office discusses the meaning of "rollover" in the Income Tax Act....
Byline: Stuart Jones Apr 03, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office has defined the meaning of the term "rollover". In TD 2006/1,...
Originally published October 12, 2004 The Department of Labor (the "DOL") finalized regulations (the "Final Regulations") under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), that establish a safe harbor for ERISA plan fiduciaries in connection with the automatic rollover of mandatory distributions from ERISA...
LONDON -- The new Automotive Electronics Service AES report from Strategy Analytics, "Outlook For Automotive Rollover Sensing Market," forecasts the adoption and increased use of automotive rollover sensors, as legislative, consumer and competitive demands drive the market.
THE U.S. DEPARTMENT OF LABOR has released the final version of a "safe harbor" regulation that could create more than $11 million in business for retirement plan advisors. The rule, Fiduciary Responsibility Under the Employee Retirement Income Security Act of 1974 Automatic Rollover Safe Harbor, affects workers who...
DAVID GAUSSEN is 51 and has a 10-year-old 1.5-litre Honda automatic. He reckons that, although it is running well, there are some big bills around the corner. That is why David wants a newer, four- to five-year-old car that is slightly smaller, but it must have an automatic or semi-automatic...
In a disappointingly accurate ruling, the IRS recently determined that the 60-day rollover limitation period could not be extended for a participant whose plan administrator erroneously distributed his entire qualified savings plan balance. As a result, the taxpayer was required to include the entire six-figure distribution...
The IRS is easing some of the nightmare financial consequences of mishandled tax-free rollovers from individual retirement accounts and retirement plans - but taxpayers need to remain vigilant to avoid unnecessary taxes and penalties. A rollover occurs when you take money out of either an IRA or qualified...
Ford, Conti sued in rollover deaths The families of three married couples killed in a May 18, 2002, rollover accident have sued Continental Tire North American Inc. and Ford Motor Co. in Los Angeles Superior Court. Ismael and Yolanda Flores, Jose and Eva Rodriguez, and...
Singapore Airlines SIA is pleased to announce that it has experienced no problems following the rollover into the year 2000. We have therefore activated our plans to resume normal schedules.Prior to the rollover, SIA had cancelled around 100 flights between 30 December 1999 and 1 January 2000, mainly to avoid...