The Form 5330, an excise tax return used by certain employers and individuals to pay penalty taxes, must be filed electronically for taxable years ending on or after December 31, 2023. As described below, this may create...more
On August 25, 2023, the IRS provided long-awaited guidance related to the SECURE 2.0 requirement that catch-up contributions for high-income participants in 401(k), 403(b), and governmental 457(b) plans be made as Roth...more
Recently the U.S. Department of Labor (“DOL”) announced a new voluntary safe harbor rule that will allow retirement plan sponsors to post plan disclosures online or deliver them to participants by email in satisfaction of...more
We are now a few months into 2020 and we should all be feeling more SECURE in our retirement, as a result of the “Setting Every Community Up for Retirement Enhancement Act of 2019” (“SECURE Act”). Below is a brief summary of...more
Please join the Locke Lord Employee Benefits and Executive Compensation Group for our 30th annual employee benefits webinar. Our attorneys will provide an overview of current developments related to employee benefit plans....more
9/19/2018
/ 401k ,
Affordable Care Act ,
Benefit Plan Sponsors ,
CEOs ,
CFOs ,
COOs ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employment Contract ,
Executive Compensation ,
Fiduciary Rule ,
Health and Welfare Plans ,
Human Resources Professionals ,
Restrictive Covenants ,
Retirement Plan ,
Retirement Plan Providers ,
Severance Agreements ,
Tax Planning ,
Webinars
The Bipartisan Budget Act of 2018 (the “Budget Act”), which was adopted February 9, 2018, together with the Tax Cuts and Jobs Act (the “Tax Act”), which was adopted on December 22, 2017, and the Disaster Tax Relief and...more
On November 2, 2017, the House Republicans released the text of the Tax Cuts and Jobs Act (the “House Bill”), laying out a broad set of changes to the tax code that could dramatically change the ways companies compensate,...more