House Passes COVID-19 Relief Bill
The House of Representatives has passed the American Rescue Plan Act of 2021 to provide additional relief to address the continued impact of COVID-19.
IRS Issues Updates for DB Plan Calculations
The IRS has issued Notice 2021-16, which contains updated guidance on factors used in certain defined benefit (DB) pension plan calculations.
Pandemic Relief Package Includes Benefit Provisions
Legislation proposed by the House Ways and Means Committee to provide pandemic relief includes several items that would affect retirement and health benefits.
Legislation Introduced to Aid Struggling Defined Benefit Plans
House Ways and Means Committee Chairman Richard Neal (D-MA) has introduced in the initial days of the 117th Congress the Emergency Pension Plan Relief Act (EPPRA) of 2021.
IRS Posts Updated DB Plan Yield Curves and Segment Rates
The IRS has issued updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
DOL Guidance for Plans Facing Missing Participant Issues
The EBSA has released a three-part guidance package for retirement plan fiduciaries dealing with missing or unresponsive participants.
IRS Addresses Tax Benefits Related to PPP Loans
The IRS has issued Revenue Ruling 2021-02 guidance related to tax benefits associated with PPP loans.
COVID Relief and Government Funding Legislation Delayed
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.
Congress Approves Additional COVID Relief
Agreement reached on a new round of economic relief for victims of the COVID-19 pandemic.
IRS Announces Deadline Relief for Alabama Hurricane Zeta Victims
The IRS announced the postponement of certain tax-related deadlines for Alabama victims of Hurricane Zeta.
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