Regulatory and Legislative

Regulatory and Legislative

IRS Announces Deadline Relief for West Virginia Severe Storms

The IRS has announced the postponement of certain tax-related deadlines for victims of West Virginia severe storms, flooding, landslides, and mudslides.

Retirement Plan Disaster Assistance May Be Available for Texas Hurricane Beryl

The Federal Emergency Management Agency issued a Major Disaster Declaration on July 9, 2024, for Texas hurricane Beryl.

Retirement Plan Disaster Assistance May Be Available for New Hampshire Severe Storms

The Federal Emergency Management Agency issued a Major Disaster Declaration on July 10, 2024, for New Hampshire severe winter storm and flooding.

Interim Final Rule for Abandoned Plans Released

The Department of Labor has issued an interim final rule, expanding the Abandoned Plan Program regulations to also include plans of employers who are in liquidation under Chapter 7 of the U.S. Bankruptcy Code.

Retirement Plan Disaster Assistance May Be Available for Minnesota Severe Storms

The Federal Emergency Management Agency issued a Major Disaster Declaration on June 28, 2024, for Minnesota severe storms and flooding.