Disaster Assistance May Be Available for West Virginia
The Federal Emergency Management Agency issued a disaster declaration on January 30, 2024, for West Virginia severe storms.
Disaster Assistance May Be Available for Maine
The Federal Emergency Management Agency issued a disaster declaration on January 30, 2024, for Maine severe storms and flooding.
Bill Introduced to Require PBGC to Recover Special Financial Assistance Overpayments
Senator Bill Cassidy and Rep. Virginia Foxx introduced the GHOST Act.
Deadline Relief for Rhode Island Severe Storms, Flooding, and Tornadoes
The Internal Revenue Service has announced the postponement of certain tax-related deadlines for victims of severe storms, flooding, and tornadoes in Rhode Island.
Deadline Relief for Severe Storms in Connecticut
The IRS has announced the postponement of certain tax-related deadlines for victims in parts of Connecticut affected by severe storms, flooding, and a potential dam breach.
DOL Issues Final Rule on Prohibited Transaction Exemption Procedures
The Department of Labor has released amendments that supersede the Department’s existing procedure governing applications for exemptions from the prohibited transaction provisions of ERISA and the Internal Revenue Code.
Agencies Release Reporting and Disclosure RFI Under SECURE 2.0
The Department of Treasury, the Department of Labor, and the Pension Benefit Guaranty Corporation have released a Request for Information pursuant to Section 319 of SECURE 2.0.
DOL Releases Proposed Regulation on Automatic Portability Under SECURE 2.0
The Department of Labor has announced the release of a proposed regulation on automatic portability transactions pursuant to Section 120 of SECURE 2.0.
DOL Posts FAQs on PLESAs Under SECURE 2.0
The Department of Labor has announced the release of a set of frequently asked questions intended to provide general compliance information.
IRS Finalizes Rule to Update Minimum Present Value Requirements for DB Plan Distributions
The IRS has issued a final rule to update minimum present value requirements for defined benefit plan distributions.
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