Temporary Relief from Physical Rule for Retirement Plan Participant Elections
The IRS has provided participants, beneficiaries, and administrators of qualified retirement plans and other tax-favored retirement arrangements with temporary relief …
IRS provides information regarding certain pre-approved defined contribution plans
In an Announcement (Ann. 2020-7, 2020-2 IRB), IRS has provided information regarding the issuance of opinion letters, a plan adoption …
Labor Department Answers FAQs About Employee Benefit Plan Retirement Benefits
The Department of Labor (DOL) has answered frequently asked questions (FAQs) to help employee benefit plan participants, beneficiaries, sponsors and …
April 22 Deadline for Social Security/Railroad Retirement Recipients who have Children
In an Information Release, IRS has announced that recipients of Social Security retirement, survivor or disability benefits and recipients of …
IRS Issues 2020 Cumulative Amendment List for Qualified Retirement Plans
In a Notice, IRS has issued the 2020 Cumulative Amendment (CA) list for individually designed retirement plans. The CA list …
Client Letter on Secure Act Provisions Affecting Plan Sponsors
You can use the Client Letter that follows to inform your clients of key provisions under the Setting Every Community …
IRS Nonacquiesces to Eighth Circuit Railroad Retirement Tax Case
IRS has announced its nonacquiesence with the Court of Appeals for the Eighth Circuit’s holding that an employer was not …
Final DOL regs expand small business retirement plan options
Federal Register – Definition of Employer under Section 3(5) of ERISA – Association Retirement Plans and Other Multiple-Employer Plans The …
Many retirement plan dollar limits increase for 2019
Notice 2018-83, 2018-47 IRB; IR 2018-211, 11/1/2018 IRS has announced the 2019 cost-of-living adjustments (COLAs) with respect to retirement plan limits. …
Hurricane Irma relief: retirement plans can make loans, hardship distributions to storm victims
In an Announcement and accompanying News Release, IRS has announced that employer-sponsored retirement plans can make loans and hardship distributions …