IRS Again Extends Physical Presence Requirement Relief
The agency is still considering whether to make permanent relief from the requirement for certain elections to be witnessed in...
Tag: retirement plan regulations
Proposed RMD Rules for 403(b)s Could Mean Big Changes
A change to how required minimum distributions are taken from 403(b) contracts might call for changing recordkeeping systems and dusting...
IRS Proposes Regulations Updating MEP ‘One Bad Apple’ Rule
In certain cases, the portion of a multiple employer plan attributable to a participating employer’s failure to meet plan qualification...
DOL Removes Credit Rating Requirements From the Evaluation of Certain Investments
The agency’s notice of amendments pertains to prohibited transaction exemptions related to non-convertible debt securities, commercial paper and securities lending...
QDIA Basics
What plan sponsors need to know about qualified default investment alternative rules and how to select the appropriate one for...
The Process for Issuing RMDs When Participants Are ‘Missing’
Failing to issue required minimum distributions can be costly, so sponsors must follow exact steps from the IRS and DOL...
Opinions |
Key Considerations for the DOL’s Proposed Rule Regarding ESG
Lew Minsky, of DCIIA, offers four considerations for the Department of Labor’s rule about including environmental, social and governance factors...
Groups Express Support for DOL’s Proposed ESG Rule
They made suggestions that addressed others’ concerns that plan fiduciaries would consider the language of the rule as a mandate...
DOL Urged to Withdraw Proposal on ESG Investments in Retirement Plans
A group of senators and the ASA issued letters saying the newly proposed rule weakens protections for retirement plan investors...
IRS Announces 2022 Retirement Plan Contribution and Benefit Limits
Most defined contribution plan participants can defer up to $20,500 to plans in 2022.
IRS Issue Snapshot Reflects Changes to Hardship Withdrawal Rules
Though the document addresses changes for 401(k) plans, all but one of them applies to 403(b) plans as well.
Deemed Distributions Can Be Triggered by More Than Just Loan Nonpayment
The IRS reminds retirement plan sponsors of rules that, if broken, can result in loan amounts being deemed distributions.
DOL Proposes New Rule on ESG Investing in Retirement Plans
The agency says the proposal seeks to emphasize that climate change and other ESG factors can be financially material and...
IRS Issues Procedures for 403(b) Plan Remedial Amendment Cycle 2
The IRS says it is modifying the procedures for the 403(b) pre-approved plan program to be more similar to those...
IRS Updates Issue Snapshot Regarding 403(b) Universal Availability Requirements
The agency highlights a common error in applying the requirements and makes self-audit suggestions.
What Comes Next With ESG Regulations?
The regulatory outlook for retirement plan sponsors looking to implement environmental, social and governance themed investments has been complicated, but...
IRS Issues Guidance on Single-Employer DB Plan Funding Relief Under ARPA
It addresses to what purposes newly allowed segment rates apply, how plan sponsors can make elections for which segment rates...
DOL Clears Up Timing for Lifetime Income Illustrations
The agency promised to issue a final rule ‘as soon as practicable’ and recognized transition time may be needed if...
How Multiemployer Plan Sponsors Can Manage Relief Payments
With PBGC dictating interest rate assumptions and permissible investments, there are steps plan sponsors should take to make the relief...
Regulators Issue Guidance on Multiemployer Plan Assistance
PBGC has issued an interim final rule addressing assistance requirements, and the IRS has released a notice for plan sponsors...