EBIA Weekly Newsletter

IRS Audit Guidelines Address Missing Individuals and Required Minimum Distributions

   November 9, 2017

Memorandum for Employee Plans (EP) Examinations Employees: Missing Participants and Beneficiaries and Required Minimum Distributions, TE/GE-04-1017-0033 (Oct. 19, 2017) Available at https://www.irs.gov/pub/foia/ig/spder/tege-04-1017-0033.pdf The IRS has released a memorandum to its Employee Plans (EP) examiners addressing failures to make required minimum distributions (RMDs) when participants or beneficiaries cannot be located. The RMD … Read More

Court Will Not Compel Government to Continue Cost-Sharing Reduction Payments to Insurers While Lawsuit Is Pending

   November 2, 2017

California v. Trump, 2017 WL 4805588 (N.D. Cal. 2017) Available at https://www.cand.uscourts.gov/vc/state-of-ca-v-trump A federal trial court has issued a preliminary ruling in a lawsuit filed by a group of states contesting the Trump administration’s recent cessation of payments reimbursing insurers for cost-sharing reductions required under the Affordable Care Act (ACA) (see … Read More