defined contribution plan

Women’s Retirement Protection Act Re-Introduced

Senator Patty Murray (D-WA) and Representative Lauren Underwood (D-IL) have introduced the Women’s Retirement Protection Act of 2021 in their respective chambers.

FuturePlan ERISA Team

COVID-19

Defined Contribution Plan

DOL

SECURE Act

Encouraging Americans to Save Act Introduced in Senate

Senate Finance Committee Chair Ron Wyden (D-OR) and six other Democratic Senators have introduced the Encouraging Americans to Save Act (EASA).

FuturePlan ERISA Team

Defined Contribution Plan

ira

Legislative updates

ABLE Account

DOL Provides FAQs for Lifetime Income Illustrations

The DOL has provided FAQs addressing questions about the timing of implementation of pension benefit statement lifetime income illustrations under the SECURE Act.

FuturePlan ERISA Team

Defined Contribution Plan

DOL

SECURE Act

IRS Proposes eFiling Requirements for Certain Returns

The IRS has released a pre-publication version of proposed regulations amending rules intended to increase the filing of electronic returns.

FuturePlan ERISA Team

Defined Contribution Plan

HSA

IRA

IRS Guidance

Deadline Relief for Michigan Storm Victims

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Michigan victims of severe storms, flooding, and tornadoes.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

Relief from Physical Presence Requirement Extended

The IRS again extends temporary relief from physical presence requirement for retirement plan consents.

FuturePlan ERISA Team

Defined Contribution Plan

IRS Guidance

COVID-19

Deadline Relief for Louisiana Storm Victims

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for Louisiana victims of severe storms and flooding.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

Final Regulations for Deadline Postponements Related to Disasters

The IRS has released final regulations regarding the mandatory 60-day postponement of deadlines for certain time-sensitive, tax-related acts in circumstances of federally declared disasters.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS

IRS Guidance

Enhancing Emergency and Retirement Savings Act Introduced

The legislation would provide a penalty-free “emergency personal expense distribution” option from employer-sponsored retirement plans and IRAs.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Legislative updates

Deadline Relief for West Virginia Storm Victims

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for West Virginia victims of severe storms, straight-line winds, tornadoes and flooding.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

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