Regulatory and Legislative

PBGC Announces Changes to e-Filing Portal

The Pension Benefit Guaranty Corporation (PBGC) has indicated they will launch a new and improved e-Filing Portal on February 1, 2024. Key changes include a new login process using login.gov, and a streamlined look across all applications. Details can be found in FAQ format here.

DOL Defined Benefit Plan Defined Contribution Plan

Regulatory and Legislative

DOL Final Rule Updating VFCP Has Left OMB

Department of Labor guidance titled “Adoption of Amended and Restated Voluntary Fiduciary Correction Program” has left the Office of Management and Budget.

Regulatory and Legislative

Retirement Plan Disaster Assistance May Be Available for North Dakota Wildfires and Straight-line Winds

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on December 24, 2024, for North Dakota.

Regulatory and Legislative

IRS Provides 2025 Covered Compensation Tables Used in DB Plans

The Internal Revenue Service issued Revenue Ruling 2025-2, containing the covered compensation tables for the 2025 plan year.