News & Analysis as of

Final Rules New Guidance Retirement Plan

Hanson Bridgett

IRS Clarifies Income Tax Withholding and Reporting Obligations for Uncashed Retirement Checks

Hanson Bridgett on

When an employer (or the proper withholding agent, like a plan administrator) issues a retirement benefit, there is generally an obligation to withhold income tax on the payment and to report the payment on Form 1099-R....more

Groom Law Group, Chartered

Recent IRS Guidance Focuses on Rules for Qualified Foreign Pension Funds

At the end of 2022, the Department of the Treasury and the Internal Revenue Service (together, the “IRS”) issued two sets of guidance – a final rule and a proposed rule – addressing the application of certain provisions of...more

Foley & Lardner LLP

The Department of Labor Speaks - New Safe Harbor and COVID-19 Guidance for Retirement Plan Electronic Disclosures

Foley & Lardner LLP on

Bottom Line: The Department of Labor (DOL) has released new guidance for retirement plans to meet their ERISA disclosure obligations: an additional safe harbor for electronic disclosure of retirement plan ERISA-required...more

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