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Treasury Announces Access to Trump Accounts for Foster Children

Treasury Secretary Scott Bessent and First Lady Melania Trump unveiled a new policy initiative designed to “strengthen financial security and opportunity for young Americans in foster care”.

Regulatory and Legislative IRA IRS News Articles

IRS Updates Specifications for Filing Form 8955-SSA

The Internal Revenue Service has released the 2025 tax year Publication 4810.

Regulatory and Legislative Defined benefit plan Defined contribution plan IRS News Articles

Retirement Plan Disaster Assistance May Be Available for Several Disasters

The Federal Emergency Management Agency issued Major Disaster Declarations on May 29 for several storms.

Regulatory and Legislative Defined benefit plan Defined contribution plan IRA IRS News Articles

Treasury Announces Launch of Trump Accounts App

The Treasury Department has announced the launch of the Trump Accounts mobile app.

Regulatory and Legislative IRA IRS News Articles

Form 5500 Simplification Act Clears House Committee

The Form 5500 Simplification Act (H.R. 7362), introduced by Representatives Glenn Grothman (R-WI) and Don Norcross (D-NJ), passed out of the House Committee on Education & Workforce by a vote of 22-12.

Regulatory and Legislative Defined benefit plan Defined contribution plan Legislative update News Articles

IRS Provides Alternative Method for Nonbank Trustee Rule Compliance

The Internal Revenue Service has issued Notice 2026-32, titled “Alternative Method for Carrying Broker-Dealers to Comply with Certain Nonbank Trustee Rules”.

Regulatory and Legislative IRA IRS News Articles

Guidance Issued on Long-Term Care Distributions Under SECURE 2.0

The Internal Revenue Service has issued Notice 2026-33, to provide guidance on qualified long-term care distributions for long-term care insurance premiums pursuant to Section 334 of SECURE 2.0.

Regulatory and Legislative Defined benefit plan Defined contribution plan IRS SECURE 2.0 News Articles

Philadelphia to Implement Auto-IRA Program

Philadelphia voters have approved a ballot measure that is expected to establish the nation's first city-run auto-IRA program.

Regulatory and Legislative IRA Legislative update News Articles

Bill Proposes Charitable Distributions from DC Plans

Senators Kevin Cramer (R-ND) and Chris Coons (D-DE), and Congressmen Don Beyer (D-VA) and Mike Kelly (R-PA), have introduced the bicameral, bi-partisan Charity Parity Act.

Regulatory and Legislative Defined contribution plan Legislative updates News Articles

IRS Announces Applicable Federal Rates for April (1)

The Internal Revenue Service has issued Revenue Ruling 2026-11 which contains the applicable federal rates for June 2026.

Regulatory and Legislative Defined benefit plan Defined contribution plan IRA IRS News Articles

IRS Updates Yield Curves and Segment Rates for DB Plans

The Internal Revenue Service has issued Notice 2026-31, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations.

Regulatory and Legislative Defined benefit plan IRS News Articles

IRS Issues 2026 Cumulative List of Changes for Pre-Approved DB Plans

The Internal Revenue Service has issued Notice 2026-34 which includes the Cumulative List of Changes for Pre-Approved Defined Benefit Plans.

Regulatory and Legislative Defined benefit plan IRS News Articles

DOL Issues Temporary Enforcement Policy Regarding Pension Benefit Statements

The Department of Labor has issued Field Assistance Bulletin 2026-02, addressing inquiries regarding compliance with the paper statement requirements under Section 338 of SECURE 2.0.

Regulatory and Legislative Defined contribution plan DOL SECURE 2.0 News Articles

Sooner State to Provide Trump Account Contributions to Oklahoma Kids

A bill signed into law by Oklahoma Governor Kevin Stitt would provide an additional Trump account contribution for Oklahoma kids.

Regulatory and Legislative IRA IRS News Articles

PBGC Launches Webpage for Practitioners

The Pension Benefit Guaranty Corporation has launched a new webpage that it says is designed specifically to support the practitioner community.

Regulatory and Legislative Defined benefit plan News Articles