futureplan erisa team

Deadline Relief for Tennessee Storm Victims

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

FuturePlan ERISA Team

Defined Contribution Plan

IRA

IRS Guidance

IRS Provides 2022 Amounts for HSAs and HRAs

IRS Revenue Procedure (Rev. Proc.) 2021-25 provides the 2022 inflation-adjusted amounts for HSAs and the maximum amount that may be made newly available for expected benefit HRAs.

FuturePlan ERISA Team

Health and Welfare

HSA

IRS Guidance

IRS Notice Addresses Taxation of Dependent Care Benefits

The IRS released Notice 2021-26, which addresses the taxation of dependent care benefits available during taxable years ending in 2021 or 2022.

FuturePlan ERISA Team

Health and Welfare

IRS Guidance

IRS Guidance Affects Employment Taxes

The IRS issued Notice 2021-24, which provides guidance following the passage of the American Rescue Plan of 2021 (ARPA).

FuturePlan ERISA Team

Health and Welfare

IRS Guidance

DOL Withdraws Independent Contractor Rule

The Department of Labor (DOL) Wage and Hour Division is withdrawing the independent contractor rule that was scheduled to take effect on May 7, 2021.

FuturePlan ERISA Team

Defined Contribution Plan

DOL

Health and Welfare

Securing a Strong Retirement Act Re-Introduced

House Ways and Means Committee Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX) have introduced the Securing a Strong Retirement Act of 2021.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

IRA

Legislative updates

SECURE Act

Deadline Relief for Alabama Storm Victims

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

FuturePlan ERISA Team

IRA

IRS

Defined Benefit Plan

Defined Contribution Plan

Deadline Relief for Kentucky Severe Storms Victims

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

FuturePlan ERISA Team

IRA

IRS

Defined Benefit Plan

Defined Contribution Plan

DOL Releases Additional Investment Advice Guidance

This latest DOL guidance package presents helpful information in a more understandable format.

FuturePlan ERISA Team

Retirement Spotlight

DOL

Defined Contribution Plan

Defined Benefit Plan

Fiduciary Issues

IRS Clarifies Partial Plan Termination During Pandemic

The IRS released a Q&A on the temporary partial plan termination rules for qualified retirement plans in accordance with the Taxpayer Certainty and Disaster Tax Relief Act of 2020.

FuturePlan ERISA Team

COVID-19

Defined Contribution Plan

IRS Guidance

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