Gomez Nominated for EBSA Post
President Biden has nominated Lisa M. Gomez for Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA).
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.
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).
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.
Guidance on Premium Assistance for COBRA Benefits
The IRS has issued Notice 2021-46, which provides additional guidance affecting the application of the American Rescue Plan Act of 2021 on COBRA continuation coverage.
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.
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.
IRS Releases Updated EPCRS Guidance
The IRS has released Revenue Procedure 2021-30, which contains long-awaited guidance updating the Employee Plans Compliance Resolution System (EPCRS).
IRS Issues Yield Curves for DB Plan Calculations
The IRS has issued Notice 2021-44, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
Relief from Physical Presence Requirement Extended
The IRS again extends temporary relief from physical presence requirement for retirement plan consents.
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