The RMD Waiver for RMDs Already Distributed
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Tag: IRS
Electronic Letter Ruling Requests Permitted by IRS
Instituted in response to the coronavirus pandemic, the dual paper and electronic filing policy will remain in effect until the...
Regulators Extend Time Frames for Special and COBRA Health Plan Enrollment
Extended time limits disregard the period from March 1 until 60 days after the announced end of the national emergency...
Remedial Amendment Periods for 403(b) Plans and DB Plans Extended
Plan sponsors now have until June 30 to update their pre-approved and individually designed 403(b) plan documents.
Tax Filing Relief Adds Time to Contribute to Benefit Plans
Individuals have more time to contribute to IRAs and HSAs, and employers have more time to contribute to their retirement...
IRS OKs HDHP Coverage of Coronavirus Testing
High-deductible health plans (HDHPs) will not lose their special status merely because they cover the cost of testing for or...
Signing and Retaining Plan Documents Is Essential
Following a memo warning retirement plan sponsors of potential disqualification, attorneys offer suggestions for plan document execution procedures.
Post-SECURE Act, IRS Provides RMD Relief
The SECURE Act extended the age at which RMDs take effect from 70 1/2 to 72, but financial institutions may...
IRS Releases Covered Compensation Tables for the 2020 Plan Year
The tables are to be used for determining contributions to DB plans and permitted disparity in DC plan contributions.
2020 ERISA Plan Compliance Calendar
A schedule to help plan sponsors track important due dates for their plan
IRS Cites Additional Supreme Court Guidance in Granting Church Plan Status
The agency’s response to an entity requesting church plan status for its retirement plan offers its interpretation of relevant Internal...
Opinions |
Barry’s Pickings: Retirement Policy 2019 Report Card: B+/A-
Michael Barry, president of O3 Plan Advisory Services LLC, rates how actions of Congress, regulators and the courts have or...
Tips on How to Find Missing Participants
Failure to find missing participants could disqualify a retirement plan under the tax code and lead to breaches of the...
Interim Amendment Needed for Hardship Changes in Pre-Approved Plans
Revenue Procedure 2020-9 extends the deadline, applicable to pre-approved plans, for adopting an interim amendment relating to hardship regulations to...
IRS Publishes 2021 Mortality Improvement Rates for DB Plans
The updated mortality improvement rates and static tables apply for purposes of calculating the funding target and other items for...
2019 Required Amendments List Published by IRS
Covered in this year’s required amendments list are new hardship withdrawal rules and a new regulation impacting certain cash balance...
Information Copies of 2019 Form 5500 Published by DOL
Among other notable changes, the Form 5500’s Line 23 has been revised to eliminate mortality table options that are not...
Executive Orders May Impact Retirement Plan Guidance
Attorneys explain that one order attempts to limit the force and effect of sub-regulatory guidance and the other would limit...
IRS Releases 2019-2020 Priority Guidance Plan
The IRS invites public comments and suggestions about guidance.
IRS to Hold Public Hearing About Proposed MEP Rules
Although, the DOL has issued final rules on association retirement plans, some are disappointed that the rules fell short of...