Tag: IRS

The text of the defeated complaint shows insurance providers are clearly worried about potential consequences of the DOL fiduciary rulemaking.

The agency encourages plan sponsors to use the sample language contained in the package.

If a retirement plan pays an ex-employee less than its vesting schedule required, it could lose its qualified status.

A retirement plan can allow a victim of Hurricane Matthew to take a hardship distribution or borrow up to the...

In two completed projects, the IRS found some 403(b) plans are making W-2 reporting errors, and some retirement plans were...

The webcast will provide answers to many of the questions the IRS received following its May 19 webcast titled Understanding...

A new revenue procedure addresses changes to the determination letter program, changes to the Audit Closing Agreement Program and modification...

The IRS says final nondiscrimination rules will not be published in time for plan sponsors to make decisions before the...

The agency wants to make it easier for plan sponsors to satisfy requirements for qualified plan documents, particularly in light...

While some Roth IRAs hold tens of millions of dollars, as of 2013 the median account value was $25,000. 

Rather than a single-sum payment, the IRS believes many participants are better served by having the opportunity to elect to...

The notice also includes a modified unisex version of the mortality tables for use in determining minimum present value for...

Retirement plan service providers are putting their heads together on solving retirement account portability issues. 

The IRS has moved to allow plan participants impacted directly by historic flooding in Louisiana to utilize retirement savings in...

In the presence of “a variety of mitigating circumstances,” taxpayers can now qualify for a waiver of the 60-day time...

Roughly 50% of LGBT employees are still unsure of the impact recent court decisions effectively striking down the Defense of...

IRS is hosting a free webcast August 25 about the ongoing efforts of its Employee Plans Compliance Unit.

The IRS mails a compliance statement to plan sponsors that have entered a VCP submission after proposed corrections have been...

“One of the steps to take before terminating your retirement plan is to make sure your plan document includes all law changes...

An IRS announcement will surely be welcome news to some plan sponsors, who have increasingly cited the issue of missing...