How Does SECURE 2.0 Affect The Due Date for SECURE and CARES Act Plan Amendments?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Tag: CARES Act
A Time For Plan Sponsors To Complete 2022 Year-End Amendments and Operational Compliance
Late November means Thanksgiving and colder temperatures, and for retirement plan sponsors—detailed in blog post by Groom Law Group—the time...
Participant Call Volumes and Website Visits Spike in January
Recordkeepers say that, historically, retirement plan participants reassess their retirement savings and readiness picture at the beginning of the year.
CARES Act Considerations: CRDs, RMDs, Taxes and More
Between retirement reforms first created by the SECURE Act and then updated by the CARES Act, there is a lot...
What If a Participant Received a CRD After December 31?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Deadline to Amend Plan for CARES Act Loan Provision
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
IRS Modifies CARES Act Due Date for DB Plan Contributions
The extended due date for contributions could help plan sponsors reduce PBGC variable rate premiums.
IRS Publishes 2020 Required Amendments List
There are no changes in requirements that generally require an amendment, but there are two changes that may require one.
Benefits |
What Happens When Student Loan Payment Deferral Ends?
Employers can steer employees to help when they have to restart student loan debt repayments, and there is hope that...
Best of PSNC 2020: Legislative and Regulatory Update
Speakers discussed the SECURE Act, the CARES Act and the DOL’s guidance on ESG during the first day of the...
PSNC 2020: Legislative and Regulatory Update Part I
Speakers primarily discussed what responsibilities the CARES Act has put on the shoulders of plan sponsors.
PSNC 2020: What’s Next?
This year’s conference opened with a lively discussion about the changes plan sponsors are experiencing, the new issues to which...
Few Individuals Expected to Dip Into Retirement Accounts
Even as Congress fails to enact new relief legislation, experts say they do not suspect defined contribution (DC) plan withdrawals...
Opinions |
COVID-19 Compliance Corner: IRS Clarifies Rules for Delayed DB Plan Contributions
Carol Buckmann, with Cohen & Buckmann P.C., explains legislative provisions or official guidance related to the COVID-19 pandemic that affect...
Clarification of the Legislative Changes Made for RMDs
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Stimulus Bill Projections May Impact Long-Term Savings
As both Senate and House proposals would pump trillions of dollars into the economy to aid staggering unemployment figures, concerns...
Benefits |
EBRI Says CARES Act Distributions Could Have Lasting Consequences
The report highlights how a loan or distribution option under the CARES Act can affect employees.
CARES Act Special Considerations for 403(b) Plans
Participants invested in annuity contracts may face charges for distributions and limits on amounts they can take as a distribution...
Can Other Distributions Be Treated as Coronavirus-Related Distributions?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Clarification of Loan Repayment Delay Provisions of CARES Act
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.