On February 27, 2023, the IRS and the Department of Treasury published proposed regulations regarding the use of forfeitures in qualified retirement plans. If finalized, the proposed rule will be effective for plan years...more
6/12/2023
/ Benefit Plan Sponsors ,
Defined Benefit Plans ,
Defined Contribution Plans ,
Employee Benefits ,
Forfeiture ,
IRS ,
Pension Reform ,
Plan Administrators ,
Proposed Rules ,
Retirement Plan ,
Retirement Plan Providers ,
U.S. Treasury
The Setting Every Community Up for Retirement Enhancement (SECURE) Act included several provisions related to lifetime income strategies under retirement plans, including a requirement that pension benefit statements for...more