IRS Releases Proposed Forfeiture Guidance
The IRS recently released proposed regulations regarding the use of forfeitures within qualified retirement plans.
SECURE 2.0 is Congress’s Retirement Enhancement Encore
This bill was included in the Consolidated Appropriations Act of 2023, which was signed into law on December 29, 2022.
Congress Approves Appropriations Bill, Containing the SECURE 2.0 Act of 2022, President’s Signature Expected
The House of Representatives has passed the Consolidated Appropriations Act of 2023, HR 2617, today with a 225-201-1 vote.
Big Changes May be in Store for the Davis-Bacon Act
The Davis-Bacon Act (DBA) has played a major role in the construction industry for over 90 years.
IRS Issues Proposed MEP Rule
To help expand access to MEPs, the IRS has released proposed regulations, which provide a welcome exception to the unified plan rule.
U.S. House Passes Significant Retirement Bill
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.
New Retirement Payment Withholding Procedure is (Finally) Final
Tax payers and individuals will have a new process for calculating and electing federal income tax withholding on retirement distributions.
House Passes the Build Back Better Act
On November 19, 2021, the U.S. House of Representatives passed H.R. 5376, the Build Back Better Act (“BBB Act” or “the Act”).
Infrastructure Bill Signed into Law
The Infrastructure Act includes additional pension funding relief, disaster relief changes, and new digital asset reporting requirements.
Form 5500 Changes Proposed
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.
No Results
