The IRS has updated guidance and procedures concerning determination letters and letter rulings relevant to retirement plans. The updated guidance and procedures are contained in Revenue Procedure ...
The PBGC has issued a final rule setting the 2025 civil penalties for failure to provide certain notices, other material information, and certain multiemployer plan notices. The Pension Benefit ...
The Treasury Department and the Internal Revenue Service (IRS) released a flurry of Friday morning news in the form of proposed regulations relating to SECURE 2.0 provisions for retirement plan ...
A spokesperson for the National Conference on Public Employee Retirement Systems added "since the effective date of H.R 82 [the Social Security Fairness Act] is after December 2023, by law SSA has to ...
Voya Financial announced just after the new year began that it has completed its acquisition of OneAmerica Financial’s full-service retirement plan business. As a result of the acquisition, Voya’s ...
President-elect Trump has announced that he will nominate Ken Kies to be Assistant Secretary for Tax Policy and head tax policy for the U.S. Treasury Department. While this position requires Senate ...
under the PBGC’s disaster relief policy, when the IRS extends the Form 5500 due date for plans affected by a disaster, the PBGC automatically extends the premium filing due date for any plan that is ...
There were mixed results regarding the liabilities of the Pension Benefit Guaranty Corporation (PBGC)’s insurance programs in fiscal year (FY) 2024 compared to a year before. That, according to the ...