The IRS has recently announced the various qualified plan related limits for 2012. The table, available here, includes the more widely used limits relating to qualified plans and includes both the 2011 and 2012 amounts.


There is an ever growing list of annual notices that must be distributed in connection with the routine operation of qualified plans. Some of the items include the following:

  • Employers using a “safe harbor” 401(k) plan design with a calendar year plan year will need to distribute the 2012 safe harbor notice by the end of November;
  • Employers using the provision that allows a participant’s first automatic contributions to be withdrawn within 90 days must provide an annual notice apprising employees of their rights and obligations within a period of at least 30 days prior to the beginning of the year, again by the end of November in the case of a calendar year plan; and
  • Employers taking advantage of a qualified default investment alternative (“QDIA”) arrangement must provide participants with information about the arrangement at least 30 days prior to the start of each plan year (the end of November in the case of a calendar year plan).