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New CCH Pension Reform Book Provides Timely, Complete Coverage of Pension, Tax Changes
(RIVERWOODS, ILL., August 8, 2006) – CCH announced today it will offer a new book, the CCH Law, Explanation and Analysis of the Pension Protection Act of 2006, providing valuable information, insight and analysis on the massive new law. The new CCH resource provides the most comprehensive and practical guidance available to pension, tax and legal professionals needing to know and apply the changes included in this bill. CCH’s Law, Explanation and Analysis of the Pension Protection Act of 2006 offers full coverage of all the provisions, so pension plan administrators, benefits consultants and tax and legal professionals can quickly understand, comply with and plan under the new law.
“CCH pension and tax experts, working with leading outside authorities, have combed through every line of over 1,000 pages of bill text to prepare this invaluable resource covering the most significant pension changes in decades, in addition to hundreds of tax provisions,” said CCH product manager Brian Hodge.
Major provisions of the Pension Protection Act covered by CCH’s authoritative Law, Explanation and Analysis include:
- Strengthening of funding rules for defined benefit pension plans, as well as funding relief for airlines in the form of a longer amortization period and a higher amortization rate;
- Providing investment advice to plan participants;
- Making permanent the retirement savings incentives enacted under EGTRRA;
- Creating a safe harbor to encourage employers to offer automatic enrollment in their defined contribution plans;
- Strengthening disclosure rules for plan administrators;
- Making the “saver's credit” permanent;
- Allowing direct rollovers from retirement plans to Roth IRAs; and
- Allowing small employers to establish a combined defined benefit/401(k) (DB/K) plan.
To Order
For more information or to order Law, Explanation and Analysis of the Pension Protection Act of 2006, call CCH at 800-248-3248, book #05946301, or visit http://hr.cch.com/pension. Single copy price is $79; quantity discounts are available.
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business is a leading provider of pension, benefits, tax and accounting law information, software and services. CCH is based in Riverwoods, Ill. Wolters Kluwer is a leading multinational publisher and information services company. The Company’s core markets are health, corporate services, financial services, tax, accounting, legal, regulation, and education. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, see www.wolterskluwer.com.
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EDITOR’S NOTE: Copies of CCH’s authoritative Law, Explanation and Analysis on the Pension Protection Act of 2006 are available to members of the press on a complimentary basis. Please contact Leslie Bonacum at 847-267-7153 or mediahelp@cch.com, or Neil Allen at 847-267-2179 or neil.allen@wolterskluwer.com.
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