The Internal Revenue Service (IRS) recently issued practical and helpful guidance in a question-and-answer format for tax-qualified retirement plans and for an Individual Retirement Arrangement (IRA), regarding the...more
12/4/2020
/ Adoption ,
Business Taxes ,
Compensation & Benefits ,
Employee Benefits ,
Individual Retirement Account (IRA) ,
IRS ,
New Guidance ,
Part-Time Employees ,
Retirement Plan ,
SECURE Act ,
Small Employers ,
Tax Code ,
Tax Credits ,
Withdrawal Agreement
In recognition of the difficulties faced by retirement plan sponsors, participants and beneficiaries due to the COVID-19 pandemic, new guidance extends the deadlines for notices and disclosures required by Title I of ERISA...more
5/18/2020
/ Coronavirus/COVID-19 ,
Corporate Counsel ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Extensions ,
Filing Deadlines ,
IRS ,
New Guidance ,
Retirement Plan ,
Title I ,
U.S. Treasury
The IRS recently issued guidance on the tax treatment, withholding and reporting for required distributions from tax-qualified retirement plans. Plan sponsors should contact their retirement vendors and trustees to ensure...more
10/22/2019
/ 401k ,
Benefit Plan Sponsors ,
Employee Benefits ,
Income Taxes ,
Individual Retirement Account (IRA) ,
IRS ,
New Guidance ,
Reporting Requirements ,
Retirement Plan ,
Revenue Rulings ,
Tax Code ,
Tax Liability ,
Tax Planning ,
Taxable Distributions ,
Trustees ,
Vendors ,
Withholding Requirements
The U.S. Department of Labor (DOL) recently issued guidance providing defined contribution plan administrators with additional flexibility on the timing requirements for distribution of the required annual fee disclosure to...more