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Defined contribution plan
Regulatory and Legislative
DOL Announces Start of the Lost and Found Information Collection
The Department of Labor has announced the start of a voluntary information collection to establish and maintain the Retirement Savings Lost and Found database.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Crow Tribe of Montana
The Federal Emergency Management Agency issued a Major Disaster Declaration on November 14, 2024, for Crow Tribe of Montana severe storm and straight-line winds.
Regulatory and Legislative
Retirement Plan Disaster Assistance May Be Available for Alaska and Wyoming Disasters
The Federal Emergency Management Agency issued Major Disaster Declarations on November 13, 2024, for Alaska landslides and Wyoming wildfires.
Regulatory and Legislative
Deadline Relief for New Mexico Severe Storms
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in Chaves County, New Mexico.
Regulatory and Legislative
Deadline Relief for South Dakota Severe Storms
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds and flooding in the Cheyenne River Sioux Tribe.
Regulatory and Legislative
Deadline Relief for Saint Regis Mohawk Tribe Severe Storms and Flooding
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in the Saint Regis Mohawk Tribe until February 3, 2025.
Regulatory and Legislative
Student Loan Repayments and Matching Contributions
Employers may now treat an employee’s qualified student loan payments like elective deferrals or after-tax contributions for purposes of providing an employer matching contribution.
Regulatory and Legislative
Prime Interest Rate Decreased to 7.75 Percent
Effective November 8, 2024, the prime interest rate decreased to 7.75 percent.
Regulatory and Legislative
IRS Announces Deadline Relief for Havasupai Tribe in Arizona Flooding
The IRS has announced the postponement of certain tax-related deadlines for victims of flooding in the Havasupai Tribe in Arizona.
Regulatory and Legislative
PBGC Updates Maximum Guarantee Table for 2025
The Pension Benefit Guarantee Corporation (PBGC) has updated its table titled, “Present Value of PBGC Maximum Guarantee.