Tag: Internal Revenue Service (IRS)

The agency says the relief applies to each plan year which falls inside the relief period, and provisions of the...

The agency plans to examine worker classifications, RMDs in large DB plans and participant loans, as well as do a...

This latest regulatory development is just another piece of evidence underscoring how extraordinary the last 12 months have been.  

The IRS has issued final regulations regarding qualified plan loan offset amounts, which are the same as proposed regulations except...

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

The relief is for retirement plan participant elections and spousal consent required to be witnessed by a plan representative or...

The guidance is intended to help employers that sponsor safe harbor plans comply with provisions of the SECURE Act.

The 2020-2021 Priority Guidance Plan says the agency will include guidance on uncashed checks.

Modifications include updates in response to the SECURE Act.

The agency says the purpose of the updates is to allow retirees to retain more savings in their accounts in...

In tandem with the Treasury Department, the IRS is also requesting comments on the application of annuity and spousal rights...

Most contribution and benefit limits for employer-sponsored plans remain unchanged for 2021, according to the IRS.

A revenue ruling addresses income tax withholding and reporting, and a revenue procedure adds to the list of waivers of...

Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.

For 2021, the default rate of withholding for certain periodic retirement and annuity payments will remain the same as it...

This year’s conference opened with a lively discussion about the changes plan sponsors are experiencing, the new issues to which...

There are two proposed changes, and comments are also requested about ways to enhance the information collected and to minimize...

The guidance defined the ‘applicable wages’ per pay period that qualify for the deferral, as well as how the Social...

Carol Buckmann, with Cohen & Buckmann P.C., explains legislative provisions or official guidance related to the COVID-19 pandemic that affect...

The notice also clarifies that plan administrators are not required to provide a Section 402(f) notice to a recipient of...