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 …
Final REGs on Income Tax Withholding on Certain Periodic Retirement and Annuity Payments
The IRS has issued final regs updating the federal income tax withholding rules for certain periodic retirement and annuity payments …