Explore Our Latest Insights
Discover Expert Perspectives on Employee Benefit Plans
Dive into our curated content that highlights the latest trends and expert analyses in employee benefit plan audits.
Stay informed with insights from industry leaders.
IRS Will Not Amend Regulations to Bar Lump-Sum Payment Option to Retirees Receiving Annuity Payments (Notice 2019-18)
In Notice 2019-18, Offering a Lump-Sum Payment Option to Retirees Currently Receiving Annuity Payments under a Defined Benefit Plan, the Department of the Treasury and the Internal Revenue Service...
Recent Legal Cases of Interest to Plan Sponsors
There have been several recent legal developments which plan sponsors should be aware. Putnam investments has asked the Supreme Court to weigh in on who is responsible for bearing the burden of...
IRS Issues Proposed Regulation on Hardship Distributions
As directed by the Bipartisan Budget Act of 2018, the Internal Revenue Service has issued a notice of proposed rulemaking relating to hardship distributions from section 401(k) plans. The amendments...
Actuarial Mortality Improvement Scale MP-2018 Released
In October 2018, the Society of Actuaries (SOA) updated the Mortality Improvement Scale (Scale MP-2018) that accompanies its most recent Mortality Table (RP-2014). The updated mortality improvement...
401(k) Contribution Limit Increases to $19,000 for 2019; IRA limit increases to $6,000
The Internal Revenue Service on November 1, 2018 announced cost of living adjustments affecting the dollar limit for pension plans and other retirement-related items for tax year 2019. The IRS...
IRS Updates the Employee Plans Compliance Resolution System ( EPCRS )
In Revenue Procedure 2018-52, the Internal Revenue Service (IRS) details new procedures under EPCRS that will require Plan sponsors to utilize www.pay.gov website to file Voluntary Correction...
Executive Order to Expand Access to Workplace Retirement Savings Plans and to Review Rules on Required Minimum Distributions
On August 31, 2018, the President signed an executive order to expand access to workplace retirement savings plans for American workers and to review rules on required minimum distributions. The...
401(k) Student Loan Benefits? – IRS Private Letter Ruling May Clear the Way
On August 17, 2018 the IRS issued a private letter ruling, which permitted an employer to provide a student loan repayment benefit offered through a 401(k) Plan. The student loan benefit program...
IRS Issues 8 Benefit Plan Snapshots
The Internal Revenue Service periodically issues Snapshots. Snapshots are employee job aids that provide analysis and resources for a given technical tax issue. Snapshots are developed through...
You can also check out our latest video content!
