The SECURE Act 2.0, enacted in December 2022, made several updates to what must be included in annual funding notices (“AFN”) issued by defined benefit pension plans. For large plans (as defined below) with a plan year ending...more
4/24/2025
/ Benefit Plan Sponsors ,
Defined Benefit Plans ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Benefits ,
Filing Deadlines ,
New Guidance ,
Pensions ,
Reporting Requirements ,
Retirement Plan ,
SECURE Act
The IRS released Revenue Procedure 2021-30, a new iteration of the Employee Plans Compliance Resolution System (“EPCRS”), on Friday, July 16. EPCRS permits sponsors of eligible tax-qualified retirement plans and 403(b) plans...more