Historically, the topic of forfeitures has raised many questions for qualified plan administrators- specifically, how and when they can be used. But there has been little formal guidance from the Department of Treasury and...more
3/3/2023
/ Comment Period ,
Defined Benefit Plans ,
Employee Benefits ,
Forfeiture ,
IRS ,
Plan Administrators ,
Proposed Rules ,
Regulatory Agenda ,
Retirement Plan ,
Tax Reform ,
U.S. Treasury
Yesterday, the Senate passed the Consolidated Appropriations Act of 2023 (the “CAA”) to fund the government through September 30, 2023. Division T of the legislation is the SECURE 2.0 Act of 2022 (“SECURE 2.0”), which builds...more