
Pensions
Swiss Life Admits to Conspiring to Cheat IRS
The insurance giant will pay more than $77 million for helping taxpayers hide nearly $1.5 billion from IRS.
NACUBO welcomes rule changes but still opposes tax, which it says diminishes resources for students.
Increase IRS audits, which are shrinking. This would help narrow the budget deficit, ex-Treasury secretary contends.
Higher education foundations finally get guidance on 2017 excise tax.
Clarification of 1.4% excise tax could reduce amount paid by universities.
Attevo Inc.’s Charles Snyder allegedly used funds to support ‘lavish lifestyle.’
Changes include increased contribution limits for 401(k), 403(b), and most 457 plans.
Move means plan contributions, PBGC premiums may rise.