The EBSA has released a three-part guidance package for retirement plan fiduciaries dealing with missing or unresponsive participants.
The IRS has issued Revenue Ruling 2021-02 guidance related to tax benefits associated with PPP loans.
Legislation for a new round of economic relief for victims of the COVID-19 pandemic and extend funding for federal government agencies remains in pending status.
Agreement reached on a new round of economic relief for victims of the COVID-19 pandemic.
The IRS announced the postponement of certain tax-related deadlines for Alabama victims of Hurricane Zeta.
The IRS has posted Notice 2020-87, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
The PBGC has requested from the OMB permission to continue collecting information on retirement plan missing participant accounts.
The PBGC final regulations with an updated age table for determining benefits in single-employer DB pension plans undergoing distress or involuntary termination are available.
The IRS has posted Notice 2020-81, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
The IRS has clarified that contributions to single-employer DB plans due January 1, 2021, under the CARES Act are considered timely if they are made no later than January 4, 2021.