legislative updates

SECURE 2.0 Employer Tax Credits

This credit applies to qualified plans (defined contribution and defined benefit plans under IRC Sec. 401(a) and 403(a)), and SEP and SIMPLE plans.

FuturePlan ERISA Team

SECURE 2.0

Defined Contribution Plan

Legislative updates

SECURE 2.0 is Congress’s Retirement Enhancement Encore

This bill was included in the Consolidated Appropriations Act of 2023, which was signed into law on December 29, 2022.

FuturePlan ERISA Team

Washington Pulse

SECURE 2.0

Defined Contribution Plan

IRA

Legislative updates

President Signs Appropriations Bill, Containing the SECURE 2.0 Act of 2022, Into Law

Yesterday, President Biden signed the Consolidated Appropriations Act of 2023 into law, which included the SECURE 2.0 Act of 2022.

FuturePlan ERISA Team

Legislative updates

SECURE 2.0

Congress Approves Appropriations Bill, Containing the SECURE 2.0 Act of 2022, President’s Signature Expected

The House of Representatives has passed the Consolidated Appropriations Act of 2023, HR 2617, today with a 225-201-1 vote.

FuturePlan ERISA Team

Washington Pulse

SECURE 2.0

529 account

ABLE Account

Defined Contribution Plan

IRA

Legislative updates

Senate Approves Appropriations Bill, Containing the SECURE 2.0 Act of 2022

The House will now take up CAA 2023 with voting anticipated to take place as early as this evening.

FuturePlan ERISA Team

SECURE 2.0

529 account

ABLE Account

Defined Contribution Plan

IRA

Legislative updates

Government Funding Package Would Include Telehealth Coverage Extension

Congress is expected to vote this week on the Consolidated Appropriations Act of 2023 (CAA 2023), which would serve to fund the federal government for a full year.

FuturePlan ERISA Team

Legislative updates

Healthcare Reform

SECURE Act

Government Funding Bill, Containing SECURE 2.0, Released

Senate Appropriations Committee Chairman Patrick Leahy (D-VT) has released HR  2617, the Consolidated Appropriations Act of 2023.

FuturePlan ERISA Team

529 account

ABLE Account

Defined Contribution Plan

IRA

Legislative updates

SECURE 2.0

Deadline Relief for Florida Hurricane Nicole Victims

The IRS has announced the postponement of certain tax-related deadlines for victims of Hurricane Nicole in Florida.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

DOL

Legislative updates

New Bipartisan Retirement Savings Bill Introduced

Senators John Hickenlooper (D-CO) and Tom Tillis (R-NC), and Representatives Terri Sewell (D-AL) and Lloyd Smucker (R-PA) introduced the Retirement Savings for Americans Act.

FuturePlan ERISA Team

Legislative updates

2022 Form 5500 Series Informational Copies Released

The DOL’s EBSA, the IRS, and the PBGC jointly released the 2022 Form 5500, Annual Return/Report of Employee Benefit Plan, and the 2022 Form 5500-SF, Short Form Annual Return/Report of Small Employee Benefit Plan.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

DOL

Legislative updates

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