regulatory and legislative

IRS Releases Proposed Required Minimum Distribution Regulations

After a two year wait, we have guidance regarding certain changes brought about by the SECURE Act.

FuturePlan ERISA Team

IRS

IRS Guidance

SECURE Act

Defined Contribution Plan

Defined Benefit Plan

IRA

Legislation Proposed to Automatically Re-enroll Employees

Bill text has been made available for legislation introduced by Senator Tim Kaine (D-VA) intending to improve participation in employer-sponsored retirement plans.

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

IRS Issues User Fee Guidance for EAs and ERPAs

The IRS has issued a proposed rule to increase the renewal fee for Enrolled Agents (EA) and Enrolled Retirement Plan Agents (ERPA).

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

Proposed RMD Regulations Initial Highlights

The Internal Revenue Service has released proposed regulations related to required minimum distributions.

FuturePlan ERISA Team

IRA

IRS

IRS Guidance

SECURE Act

Defined Contribution Plan

IRS Priority Guidance Plan Includes Retirement Items

The IRS has issued its 2021-2022 2nd Quarter guidance plan update, in which it describes guidance projects in the current fiscal year.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

Legislation Proposed to Promote Retirement Plan Lifetime Income Options

Legislation to promote retirement plan lifetime income options has been reintroduced by Representatives Donald Norcross (D-NJ) and Tim Walberg (R-MI).

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

COVID-19 Relief Extended for Another Year

On February 18, 2022, the President once again extended the national emergency until February 28, 2023.

FuturePlan ERISA Team

COVID-19

Health and Welfare

DOL

IRS

IRS Guidance

IRS Issues Proposed Regulations for Required Minimum Distributions

The IRS has released proposed regulations relating to required minimum distributions from qualified plans.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

IRA

Updated Yield Curves and Segment Rates for DB Plans

The IRS has issued Notice 2022-9, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

Retirement

Employer

Defined Benefit Plan

PBGC Updates Selection Criteria for Standard Termination Audits

The PBGC has updated the “What’s New for Employers & Practitioners” page of its website to indicate that the audit selection methodology has been revised.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

No Results