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
In this edition of our newsletter, we have summarized key third quarter guidance from the Internal Revenue Service ("IRS"), Department of Labor ("DOL"), and Pension Benefit Guaranty Corporation ("PBGC"). As we look back on...more
10/28/2020
/ Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Drug Pricing ,
Employee Benefits ,
Executive Orders ,
Guidance Update ,
IRA Rollovers ,
IRS ,
PBGC ,
Proxy Season ,
Regulatory Oversight ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
Self-Insured Health Plans
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
We recently summarized the provisions from the Families First Coronavirus Response Act (“FFCRA”) that provide for tax credits for small employers to offset costs associated with paid sick leave and emergency FMLA benefits...more
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