Retirees Taking 1st RMDs Must Do So by April 1
The IRS rule applies to most participants in workplace retirement plans and all traditional IRA owners.
Tag: required minimum distributions (RMDs)
Benefits |
Plan Sponsors Move Forward (Slowly) With SECURE 2.0 Provisions
While catch-up contributions and cash-out thresholds have been adopted widely, take-up is more ponderous for student loan matching and emergency...
IRS Delays Applicability of Certain Proposed RMD Rules to 2026
The agency decided to extend the deadline after commenters expressed timing concerns for implementing the final regulations.
IRS Sends Final Reminder for Retirees to Take 2024 RMDs
Those who are at least 73 years old must take their IRA and defined contribution plan distributions before the end...
IRS Proposes Regulations for Changes to SECURE 2.0 RMDs
The changes apply to annuities, Roth sources and spousal beneficiaries.
10-Year RMD Rule Finalized by IRS
Inherited retirement assets will be subject to different treatment depending on the recipient, starting in 2025.
Benefits |
EBSA Offers Retirement Planning Resources
The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work...
How Much of a 403(b) Balance Can a Retired Participant Roll Over to an IRA?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Inherited IRA RMD Final Rules Postponed to 2025
The IRS will not enforce RMDs for inherited IRAs under the 10-year rule until at least 2025.
2024 PS Webinar: SECURE 2.0 for 403(b) Plans
Speakers review what the wide-ranging retirement law means for higher education, nonprofit, health care and government employers.
What’s Changing in 2024 Under SECURE 2.0
A comparison of the SECURE 2.0 Act of 2022 provisions taking effect in 2024 and prior law, where applicable, according...
SECURE 2.0 Corrections Drafted by Congress
The bill will likely have to be added to a budget bill early in 2024 to pass.
When Can a Participant Purchase a QLAC?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
IRS Gives Extra Time to Fix RMDs Made Erroneously Under SECURE 2.0
The IRS notice also allows IRA beneficiaries to not take RMDs this year from accounts inherited in 2020 or later.
Congressional Leaders Tell Treasury to Expect SECURE 2.0 Technical Corrections
The letter did not outline a timeline but identified four technical errors and ambiguities to be fixed.
How and When Will SECURE 2.0 Roth Provisions Affect RMDs?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Plan Sponsors Have Lots to Prep for SECURE 2.0 Compliance
Whether legislated changes take effect now or down the road, communication with recordkeepers and participants will be crucial.
Benefits |
Where SECURE 2.0 Comes Up Short
The 2022 law does far more for high earners than low earners, and many provisions may prove difficult to implement.
SECURE 2.0 RMD Change Could Cause Trouble in States With Certain Unclaimed Property Laws
Kentucky, Maine, Colorado and Nevada will have to update their escheatment laws or take the risk of unjustly taking over...
Ibuprofen Stock Surges as Plan Sponsors Read New DB Plan Rules in SECURE
SECURE 2.0 makes several regulatory and disclosure changes for DB plans.