FEMA Issues Multiple Disaster Declarations
The Federal Emergency Management Agency issued multiple Major Disaster Declarations on October 7, 2026.
Regulatory and Legislative
IRS Issues Final Regulations on SECURE 2.0 Catch-up Contributions
The Internal Revenue Service has issued final regulations implementing catch-up contribution requirements introduced by the SECURE 2.0 Act of 2022.
2025 Tax Bill Provides Key Changes for Savers
Congress passed the tax bill known as the One Big Beautiful Bill Act (OBBBA) on July 3, 2025.
DOL Issues Final Amendments to the VFCP
The Department of Labor recently issued a final amendment to the Voluntary Fiduciary Correction Program, incorporating a Self-Correction Component for eligible transactions under the program.
Retirement Plan Disaster Assistance May Be Available for Ohio Storms
The Federal Emergency Management Agency issued a Major Disaster Declaration on October 2, 2026, for Ohio severe storms.
IRS Releases 2026-2027 Priority Guidance Plan
The Department of Treasury and Internal Revenue Service have released a list guidance projects outlining priorities for the period October 1, 2026, through September 30, 2027.
IRS Obsoletes Several Guidance Items
The Internal Revenue Service has released Notice 2026-58, eliminating extraneous and unnecessary items by identifying and obsoleting 71 Revenue Rulings, Revenue Procedures, Notices and Announcements that were previously published.
Treasury Announces Trump Account Automatic Enrollment Completion
The Department of Treasury has announced the completion of automatic enrollment for Trump accounts, indicating that every eligible child under the age of 18 with a valid Social Security number now has a Trump account.
IRS Posts Updated Draft Instructions for Benefit Plan Determinations
The Internal Revenue Service has issued draft instructions for Form 5300, Application for Determination for Employee Benefit Plans.
Sonderling Confirmed as Labor Secretary
The Senate has confirmed Keith Sonderling as the Secretary of Labor by a vote of 47-41.
Treasury Issues Trump Account Temporary Regulations
The Department of Treasury and Internal Revenue Service have issued temporary regulations providing guidance regarding general requirements for Trump accounts.
Proposal Eliminating Cap on Rollover Amounts From 529 Plans to Roth IRAs Introduced
Senator Ted Cruz (R-TX), along with cosponsor Senator Lisa Blunt Rochester (D-DE), have introduced S. 5550, to eliminate the aggregate limitation on rollovers from a 529 program to a Roth IRA.