futureplan erisa team

Hardship Distributions May Be Permitted for North Carolina Hurricane Ian

The Federal Emergency Management Agency (FEMA) has issued a disaster declaration for North Carolina Hurricane Ian, beginning September 28, 2022.

FuturePlan ERISA Team

IRS

Defined Contribution Plan

IRA

IRS Proposes User Fee Increase for Enrolled Actuaries

The IRS has issued a proposed rule to increase the renewal fee for Enrolled Actuaries from $250 to $680.

FuturePlan ERISA Team

IRS

IRS Guidance

IRS Posts Draft Form for Reporting Qualified Disaster Retirement Plan Distributions

The IRS has posted a draft Form 8915-F, Qualified Disaster Retirement Plan Distributions and Repayments as of September 30, 2022.

FuturePlan ERISA Team

IRS

IRS Releases Draft Forms 1099-R and 5498 for 2023 Tax Year

The IRS has posted draft versions of Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., and Form 5498, IRA Contribution Information for tax year 2023.

FuturePlan ERISA Team

IRS

Deadline Relief for Florida Victims of Hurricane Ian

The IRS has announced the postponement of certain tax-related deadlines for victims of Hurricane Ian in Florida.

FuturePlan ERISA Team

IRS

Defined Contribution Plan

IRA

Hardship Distributions May Be Permitted for South Carolina Hurricane Ian

The Federal Emergency Management Agency (FEMA) has issued a disaster declaration for South Carolina Hurricane Ian, beginning September 25, 2022.

FuturePlan ERISA Team

IRS

Defined Contribution Plan

IRA

Gomez Confirmed as Assistant Secretary of Labor for EBSA

The Senate has confirmed Lisa Gomez as Assistant Secretary of Labor for the Employee Benefits Security Administration by a 49 to 36 vote.

FuturePlan ERISA Team

Legislative updates

Retirement Savings Modernization Act Introduced

Senators Tim Scott (R-SC), and Pat Toomey (R-PA), along with Representative Peter Meijer (R-MI), have introduced the Retirement Savings Modernization Act in the Senate and House respectively.

FuturePlan ERISA Team

Legislative updates

Defined Contribution Plan

Hardship Distributions May Be Permitted for Florida Hurricane Ian

The Federal Emergency Management Agency (FEMA) has issued a disaster declaration for Florida Hurricane Ian, beginning September 23, 2022.

FuturePlan ERISA Team

Defined Contribution Plan

Deadline Relief for Alaska Victims of Severe Storm, Flooding, and Landslides

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storm, flooding, and landslides in Alaska.

FuturePlan ERISA Team

IRS Guidance

IRA

Defined Contribution Plan

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