To the relief of plan sponsors everywhere, the Internal Revenue Service (IRS) recently issued Notice 2023-62, which provides guidance on the requirements of Section 603 of the SECURE Act 2.0 of 2022 relating to catch-up...more
9/6/2023
/ Benefit Plan Sponsors ,
Comment Period ,
Employee Contributions ,
Highly Compensated Employees ,
Individual Retirement Account (IRA) ,
IRS ,
New Guidance ,
Relief Measures ,
Retirement Plan ,
Roth IRA ,
SECURE Act ,
Time Extensions
The Internal Revenue Service (IRS) recently released two notices that provide additional guidance for retirement plan administrators and qualified individuals about the special distribution, plan loan, and required minimum...more
In late December, Congress passed and President Donald Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the most sweeping retirement legislation since the Pension Protection Act of...more
1/16/2020
/ 401k ,
403(b) Plans ,
Beneficiary Designations ,
Defined Benefit Plans ,
Employee Benefits ,
Individual Retirement Account (IRA) ,
Multiemployer Plan ,
New Legislation ,
Part-Time Employees ,
Required Minimum Distributions ,
Retirement ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
Tax Planning
Well, Congress in the season of giving has provided plan sponsors and participants with multiple beneficial opportunities to start 2013. Congress passed the American Taxpayer Relief Act of 2012 (H.R. 8), also known as the...more