Tag: IRS

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...

The tax agency intends to use outreach and expanded exams over the next year to address compliance by companies with...

Plan sponsors whose workforce has access to Employee Stock Ownership Plans may accrue benefits of reduced worker turnover, research shows....

The manufacturer was targeted for alleged fiduciary breaches in the management, operation and administration of the plan, according to the...

The committee’s spending bill appropriates $14 million for the creation of a retirement account database.

Regulators warn sponsors offering these plans should make sure they are not essentially compensating an employee for non-medical expenses.

The lawsuit plaintiffs are ESOP participants holding vested shares of Churchill stock in their accounts who were employed at Churchill...

Plan sponsors can make additional corrections via SCP, rather than VCP, while a “reasonable amount of time” to discover an...

The agreement would extend the debt ceiling until January 2025.

The IRS announced a second consecutive significant increase to health savings account contribution limits in its response to continued inflation.

Government plans will struggle to comply with SECURE 2.0 because of their administration requirements.