Senators Present Text of Bipartisan Bill to Boost Retirement Savings
The top member from each party on the Senate Finance Committee—Chair Ron Wyden, Democrat of Oregon, and ranking Republican Mike …
Senate Finance Panel Advances Retirement Bill
The Senate Finance Committee on June 22 unanimously approved by voice vote its version of the SECURE Act 2.0, with …
Retirement Bill Edging Toward Final Vote in Senate
The Senate Finance Committee intends to mark up on June 22 the Enhancing American Retirement Now (EARN) Act, a bill …
Senate Panel Advances Senate Version of SECURE Act 2.0
A Senate committee on June 14 passed its version of a retirement and security bill that mirrors legislation approved in …
IRS Again Extends Relief From Physical Presence Requirement for Participant Elections
The IRS has provided participants, beneficiaries, and administrators of qualified retirement plans and other tax-favored retirement arrangements with another six …
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 …
House Retirement Bill Headed for Floor Vote
By Jeff Carlson A bipartisan retirement bill approved last year by the House of Representatives’ Ways and Means Committee will …
IRS Issues Proposed REGs on RMDS
The IRS has issued proposed regs relating to required minimum distributions from qualified plans; Code Sec. 403(b) annuity contracts, custodial …
Reminder: Retirement Plan Returns, Termination Applications Have Upcoming Deadlines
Reminder: calendar year retirement, etc. plan returns are due on August 2, 2021. And July 31, 2021 is the deadline …
Reminder: Retirement Plan Participant Election Physical Presence Relief Ends June 30
Reminder: the temporary relief from the requirement that participant elections, including spousal consents, be made in the physical presence of …