News

GAO Reports on 401(k) Fee Information

The GAO’s recent report “401(K) Retirement Plans – Many Participants Do Not Understand Fee Information, but DOL Could Take Additional Steps to Help Them”.

FuturePlan ERISA Team

Defined Contribution Plan

IRS Deadline Relief for California Wildfire Victims

The IRS has issued a news release announcing the postponement of certain tax-related deadlines for California wildfire victims.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRS

IRS Guidance

Intac and FuturePlan: Welcome to Our Growing Family

Intac’s company name will officially change to FuturePlan at the end of August. Read about how we’re creating that future together.

Charles Rosenberg, CRA, CRC, AIF

Intac

FuturePlan

Legacy Firm

Legacy Spotlight

Updated Yield Curves and Segment Rates for DB Plans

The IRS has issued Notice 2021-50, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

Retirement

Employer

Defined Benefit Plan

Retirement Distribution Relief for Federal Disasters

Senators Bill Cassidy and Robert Menendez have introduced legislation that would make permanent certain rules for distributions and loans from retirement plans and IRAs in connection with federally declared disasters.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Legislative updates

IRS Makes Changes to Plan Correction Program

The IRS has released Revenue Procedure (Rev. Proc.) 2021-30, which contains significant updates to the Employee Plans Compliance Resolution System (EPCRS).

FuturePlan ERISA Team

Defined Contribution Plan

IRS Guidance

Washington Pulse

Series of Retirement Security Bills Reintroduced

Senators Cory Booker (D-NJ) and Todd Young (R-IN) reintroduced four bills in the Senate this week designed to address retirement security. 

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

IRS Finalizes Postponement Period for Federally Declared Disasters

The average number of natural disasters continues to rise. As a result, Congress and the IRS have tried to keep pace by providing relief for those affected by major disasters and emergencies. 

FuturePlan ERISA Team

Retirement Spotlight

IRS

IRS Guidance

Guidance Issued for Single-Employer DB Funding Rules

The IRS has issued Notice 2021-48, providing guidance about changes to the funding rules for single-employer defined benefit pension plans that were made by ARPA.

FuturePlan ERISA Team

Defined Benefit Plan

IRS Guidance

Proposed Tax Benefits for Retirement Saving Distributions

Senator Patrick Toomey (R-PA), has re-introduced the Long-Term Care Affordability Act.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Legislative updates

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