PRC In the News
04/15/14|Bloomberg BNA's Pension & Benefits Reporter

IRS Rollover Guidance Eases Process, Improves Benefit Portability, Analysts Say

When changing employers, individuals and their new retirement plan administrators have faced a time-consuming administrative process in proving the tax status of a plan rollover. And instead of dealing with the hurdles to validate a rollover, many individuals would transfer savings into individual retirement accounts or cash out the balance.