Tag: Internal Revenue Service (IRS)

Other SECURE 2.0 implementation issues are a much bigger worry.

Federal agencies are seeking advice on how to improve the reporting and disclosure system for retirement plans governed by ERISA.

Plan sponsors, recordkeepers and payroll providers face many challenges when it comes to implementing the SECURE 2.0 provision requiring certain...

The tax credit is designed to make health insurance purchased through the marketplace more affordable.

SECURE 2.0 requires part-timers to be made eligible for elective contributions after two years of service.

With new guidance from the DOL and IRS, employers have an opportunity to hit the ground running and adopt pension-linked...

The notice outlines methods sponsors may not use to counter the abuse of sidecar account matching contributions, instead asking for...

The IRS says that the balance and accrual rate for a participant cannot be reduced when adopting a new variable...

Regulator offers clarification on automatic features, start-up credits and Roth employer contributions.

The amendments keep pre-approved plans in compliance with changes to tax law.

The digital platform aims to improve public understanding of environmental, social and governance investing.

Institutional Advisory debuts 401(k) pooled employer plan, with Transamerica Corp. the recordkeeper and Pentegra the pooled plan administrator.  

A schedule to help plan sponsors track important due dates for their plans.

Plan sponsors now have IRS guidance on what part-time workers are eligible for plans, though a comment period and finalization...

The plan provider aims to gain greater market share of retirement 401(k) plans and has debuted a starter product for...

Experts from Groom Law Group and NAGDCA noted in a webinar clarifying points from the IRS’s notice that may allow...

The IRS announced last week that plan sponsors have an additional two years to implement the mandatory Roth catch-up provision...

Notice 2023-62 also announces a two-year administrative transition period for higher-income participants to designate catch-up contributions as Roth. 

The Internal Revenue Service is providing expansive tax relief, including waiving the penalty fee for hardship withdrawals, for victims of...

The Department of Labor claims a New Jersey electrical contractor misappropriated employees’ retirement plan contributions and ended employer contributions to...