The IRS recently released proposed regulations regarding the use of forfeitures within qualified retirement plans.
This bill was included in the Consolidated Appropriations Act of 2023, which was signed into law on December 29, 2022.
The House of Representatives has passed the Consolidated Appropriations Act of 2023, HR 2617, today with a 225-201-1 vote.
The Davis-Bacon Act (DBA) has played a major role in the construction industry for over 90 years.
To help expand access to MEPs, the IRS has released proposed regulations, which provide a welcome exception to the unified plan rule.
The U.S. House of Representatives passed the Securing a Strong Retirement Act of 2022 (SSRA) by a 414-5 vote on March 29, 2022.
Tax payers and individuals will have a new process for calculating and electing federal income tax withholding on retirement distributions.
On November 19, 2021, the U.S. House of Representatives passed H.R. 5376, the Build Back Better Act (“BBB Act” or “the Act”).
The Infrastructure Act includes additional pension funding relief, disaster relief changes, and new digital asset reporting requirements.
In September 2021, the DOL, IRS, and Pension Benefit Guaranty Corporation (PBGC), collectively referred to as the “Agencies”, released proposed changes to Form 5500, Annual Return/Report of Employee Benefit Plan.