Regulatory and Legislative

President Signs Appropriations Bill, Containing the SECURE 2.0 Act of 2022, Into Law

Yesterday, President Biden signed the Consolidated Appropriations Act of 2023 into law, which included the SECURE 2.0 Act of 2022. As previously announced, both the Senate and the House approved the Consolidated Appropriations Act of 2023, last week.

Legislative updates SECURE 2.0

Regulatory and Legislative

IRS Announces Applicable Federal Rates for May

The IRS has issued Revenue Ruling 2024-09, which contains the applicable federal rates (AFR) for May 2024.

Regulatory and Legislative

IRS Provides Further RMD Transition Relief Under the SECURE Act

The IRS has issued Notice 2024-35 to provide additional transition relief for certain specified RMDs for 2024.

Regulatory and Legislative

Disaster Assistance May Be Available for Oregon Severe Storms

The Federal Emergency Management Agency issued a disaster declaration on April 13, 2024, for Oregon severe winter storms, straight-line-winds, landslides, and mudslides.