House Passes SECURE 2.0: Summary of Key Tax Provisions
The House of Representatives passed Securing a Strong Retirement Act of 2022 (SECURE 2.0 or the Act, HR 2954) on …
IRS Provides Relief and Clarifies 401(K), 401(M) Mid-Year Amendments Requirements
In a Notice, the IRS has provided temporary relief, in connection with the ongoing COVID-19 pandemic, from certain requirements that …
Final Regs Modify, Clarify 401(k) Hardship Distribution Rules
The IRS has issued final regulations that amend the rules for hardship distributions from a Code Sec. 401(k) plan. The …
Proposed regs would incorporate new law & clarify 401(k) hardship distribution rules
Preamble to Prop Regs REG-107813-18; Prop Reg §1.401(k)-1, Prop Reg §1.401(k)-3, Prop Reg § 1.401(k)-6, Prop Reg § 1.401(m)-3 Proposed Regs, “Hardship Distributions of …
Final regs: treatment of employer plan contributions as QMAC/QNECs tested at time of allocation
T.D. 9835, 7/19/2018; Reg. § 1.401(k)-1, Reg. § 1.401(k)-6, Reg. § 1.401(m)-1, Reg. § 1.401(m)-5 IRS has issued final regs that adopt with no substantive change proposed reliance …