Defined contribution plan

The Internal Revenue Service has issued a draft Form 4547, Trump Account Election(s), and accompanying draft instructions. 

The Internal Revenue Service released Notice 2025-60, 2025 Required Amendments List for Qualified and Section 403(b) Plans.

House Financial Services Committee Chairman French Hill (R-AR) and several committee members introduced bipartisan legislation, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act.

The Treasury Department and the Internal Revenue Service have released Notice 2025-68, containing initial guidance and a request for comments on the implementation of Trump accounts under IRC Section 530A. 

The Internal Revenue Service has posted 2025 Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts.

The Internal Revenue Service has released 2025 draft Instructions for Form 8606, Nondeductible IRAs. 

Representative Randy Fine (R-FL) has introduced H.R. 6084, the ERISA Litigation Reform Act.

The Internal Revenue Service has released an updated 2025 tax year draft Form 990-T, Exempt Organization Business Income Tax Return. 

The Internal Revenue Service has issued Revenue Ruling 2025-24 which contains the applicable federal rates for December 2025. 

The Internal Revenue Service has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds, tornadoes, and flooding in multiple counties Missouri until March 30, 2026.