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Defined contribution plan
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Arkansas Severe Storms (1)
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 30, 2024, for Arkansas severe storms, straight-line winds, tornadoes, and flooding, for the incident period of May 24 – 27, 2024.
Regulatory and Legislative
Increased Retirement Plan Start-Up Credit for Micro Businesses Proposed in Senate
Senators Maggie Hassan (D-NH) and Tedd Budd (R-NC) have introduced S. 4398, the Retirement Investment in Small Employers (RISE) Act.
Regulatory and Legislative
IRS Announces Deadline Relief for Texas
The IRS has announced the postponement of certain tax-related deadlines for victims of Texas severe storms, straight-line winds, tornadoes, and flooding.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Iowa Severe Storms (1)
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 24, 2024, for Iowa severe storms for the incident period of May 20, 2024 – May 21, 2024.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Maine Severe Winter Storm
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 24, 2024, for Maine severe winter storm, for the incident period of April 3, 2024 – April 5, 2024.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for West Virginia Severe Storms
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 24, 2024, for West Virginia severe storms, flooding, landslides, and mudslides, for the incident period of April 11, 2024 – April 12, 2024.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Nebraska Severe Winter Storm
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 24, 2024, for Nebraska severe winter storm and straight-line winds, for the incident period of April 6, 2024 – April 7, 2024.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for West Virginia (1)
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 22, 2024, for West Virginia severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides, for the incident period of April 2, 2024 – April 6, 2024.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Kentucky
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on May 22, 2024, for Kentucky severe storms, straight-line winds, tornadoes, landslides, and mudslides, for the incident period of April 2, 2024.
Regulatory and Legislative
Washington Pulse: DOL Releases Final Investment Advice Fiduciary Rule
The Department of Labor (DOL) recently released a regulatory package that includes a final amendment (the Retirement Security Rule) to the regulations that define what constitutes an investment advice fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA) Title I and Title II (codified in the Internal Revenue Code).