Plan participants have more time to roll over certain plan loan offsets under the Tax Cuts & Jobs Act of 2017 (TCJA).
The IRS has revealed that pre-approved qualified retirement plan documents may be used to establish arrangements known as pooled employer plans, or PEPs.
The IRS has issued updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
The SECURE Act makes it easier for employers to adopt ADP/ACP safe harbor plan provisions. These plans have proven popular with many employers.
The IRS has issued Revenue Ruling 2021-02 guidance related to tax benefits associated with PPP loans.
The IRS has posted at its website the 2021 tax year version of Form 1099-R and Form 5498.
The IRS has issued Revenue Ruling 2020-23 to address how employers may terminate 403(b) plans that contain custodial accounts.
The IRS has posted Notice 2020-87, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
The IRS has published final regulations updating life expectancy tables that are used for required minimum distributions (RMDs) and for other purposes.
The IRS has clarified that contributions to single-employer DB plans due January 1, 2021, under the CARES Act are considered timely if they are made no later than January 4, 2021.