Proposed Treasury regulations relating to catch-up contributions were issued in January of 2025 that include guidance for the mandatory Roth catch-up requirement, which was first provided under section 603 of Division T of...more
5/19/2025
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Benefit Plan Sponsors ,
Compliance Dates ,
Contribution Limits ,
Corporate Counsel ,
Employee Contributions ,
Highly Compensated Employees ,
IRS ,
Proposed Rules ,
Retirement Plan ,
Roth IRA ,
SECURE Act ,
Treasury Regulations
Congress extended the availability of refundable tax credits for Eligible Employers who provide paid family leave or sick leave from April 1, 2021 to September 30, 2021 in connection with COVID-related illness. Under ARPA,...more
8/27/2021
/ Benefit Plan Sponsors ,
COBRA ,
Coronavirus/COVID-19 ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Equal Employment Opportunity Commission (EEOC) ,
Executive Compensation ,
Fiduciary Duty ,
Retirement Plan ,
Tax Credits ,
Vaccinations
In the second quarter of 2020, we have seen employers faced with continued challenges as they manage the impact of the COVID-19 pandemic on their businesses and begin the process of returning to normal operations. The flurry...more
7/23/2020
/ Benefit Plan Sponsors ,
CARES Act ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Employee Benefits ,
Guidance Update ,
IRS ,
PBGC ,
Regulatory Oversight ,
Regulatory Standards ,
Required Minimum Distributions ,
Retirement Plan ,
Safe Harbors
In today’s virtual world, we suspect most plan sponsors rely upon the self-certification process to document and process 401(k) distributions made on account of financial hardship. The IRS has recently issued examination...more
After more than nine years of deliberations, the IRS has finally released proposed regulations governing all types of deferred compensation plans maintained by non-profit organizations and governmental entities.
In...more
7/15/2016
/ Benefit Plan Sponsors ,
Comment Period ,
Deferred Compensation ,
Forfeiture ,
Government Entities ,
IRS ,
Non-Compete Agreements ,
Nonprofits ,
Paid Leave ,
Proposed Regulation ,
Section 409A ,
Section 457A ,
Severance Pay