The Internal Revenue Service (“IRS”) recently announced two new retirement plan webinars. On December 4, 2014, the IRS will hold a webinar titled “Properly Defining Retirement Plan Compensation” which will discuss Internal Revenue Code Sections 414(s) & 415 compensation, identifying which definition may be used for each plan purpose, and common plan failures involving compensation. On December 11, 2014, the IRS will hold a webinar on “Retirement Plan Distributions - What every participant should know” which will include taking a distribution from a retirement plan, a new plan distribution rule allows participants to direct pre and post-tax amounts to multiple destinations, exceptions to the additional 10% tax on early distributions from plans, beneficiary designations, and required minimum distributions.

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