Tag: retirement plan regulations

IRS Expands Audit Guidance for RMDs to 403(b) Plans

A memo says examiners should not challenge a 403(b) plan for violation of the RMD standards for the failure to commence or make a distribution to a participant or beneficiary to whom a payment is due, if the plan sponsor has taken certain steps.

IRS Modifies VCP User Fees

The agency also issued information about how to obtain or re-establish an employer identification number (EIN) for a retirement plan trust.