futureplan erisa team

Retirement Plan Disaster Assistance May Be Available for Iowa Flooding

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 25, 2023, for Iowa flooding.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

DOL Extending Grace Period for EFAST2 Using Login.gov

The Department of Labor’s (DOL) Employee Benefits Security Administration has announced that it will extend the grace period to obtain new Login.gov credentials for the EFAST2 filing system until December 31, 2023.

FuturePlan ERISA Team

DOL

IRS

Retirement Plan Disaster Assistance May Be Available for Colorado Severe Storms

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 25, 2023, for Colorado severe storms, flooding, and tornadoes.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

IRS Provides Catch-Up Guidance Under SECURE 2.0

The IRS has issued Notice 2023-62 to address stakeholder concerns regarding implementation of Section 603 of the SECURE 2.0 Act.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

SECURE 2.0

Retirement Plan Disaster Assistance May Be Available for Alaska Flooding

The Federal Emergency Management Agency issued a disaster declaration on August 23, 2023, for Alaska flooding.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

IRS Announces Deadline Relief for Hawaii

The IRS has announced the postponement of certain tax-related deadlines for victims of wildfires in Hawaii.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

Retirement Plan Disaster Assistance May Be Available for Tennessee

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 17, 2023, for Tennessee severe storms and straight-line winds. 

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Defined Benefit Plan

Spousal Consent Proposal Re-Introduced

Representative Lauren Underwood (D-IL) and Senator Tammy Baldwin (D-WI) have re-introduced H.R. 5060, the Women's Retirement Protection Act of 2023 in the House and Senate. 

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

Legislative updates

IRS Announces Deadline Relief for Illinois

The IRS has announced the postponement of certain tax-related deadlines for victims of Illinois severe storms and flooding.

FuturePlan ERISA Team

Defined Contribution Plan

IRS

IRS Guidance

IRA

Defined Benefit Plan

HSA

PBGC Proposes Changes to Assumptions Used in Certain Valuations

The Pension Benefit Guaranty Corporation (PBGC) has released a proposed rule titled Valuations Assumptions and Methods.

FuturePlan ERISA Team

Defined Benefit Plan

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