News

Retirement Plan Disaster Assistance May Be Available for Florida Hurricane Milton

The Federal Emergency Management Agency issued a Major Disaster Declaration on October 11, 2024, for Florida Hurricane Milton.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

PBGC Posts 2025 Premium Rates

The Pension Benefit Guarantee Corporation has determined premium rates applicable for the 2025 plan year in accordance with indexing rules provided in ERISA Section 4006.

FuturePlan ERISA Team

Defined Benefit Plan

Employee and Retiree Access to Justice Act Re-proposed

Representative Mark DeSaulnier (D-CA) has introduced HR 9820 – the Employee and Retiree Access to Justice Act.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

Legislative updates

2025 Taxable Wage Base Announced

The Social Security Administration has issued the 2025 adjustments for benefits and certain other limitations that are subject to annual cost-of-living adjustment indices.

FuturePlan ERISA Team

Legislative updates

Defined Contribution Plan

FuturePlan by Ascensus Adds New Regional Vice President to Sales Team

FuturePlan by Ascensus has announced the appointment of a new Regional Vice President, Sales Consultant, Lucas Berg, to the FuturePlan team.

FuturePlan

Corporate Culture

Proposal Introduced to Allow Catch-Ups for Family Caregivers

Representative Brittany Pettersen (D-Co), and co-sponsor Maria Salazar (R-FL), have introduced H.R. 9764, the Catching Up Family Caregivers Act.

FuturePlan ERISA Team

Legislative updates

ABLE Account

Retirement Plan Disaster Assistance May Be Available for Arizona Watch Fire

The Federal Emergency Management Agency issued a Major Disaster Declaration on October 4, 2024, for Arizona Watch Fire.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

IRS Announces Deadline Relief for Wildfire in Washington

The IRS has announced the postponement of certain tax-related deadlines for victims of wildfires in Washington.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for Tennessee Tropical Storm Helene

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on October 2, 2024, for Tennessee tropical storm Helene.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

IRS Releases 403(b) Long-Term Part-Time Guidance

The IRS has issued Notice 2024-73, providing question-and-answer guidance on long-term, part-time employees in 403(b) plans.

FuturePlan ERISA Team

SECURE 2.0

Legislative updates

Defined Contribution Plan

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