DOL Announces New Cybersecurity Guidance
Wednesday, April, 14, 2021
The U.S. Department of Labor recently announced new guidance for plan sponsors, plan fiduciaries, record keepers and plan participants on best practices for maintaining cybersecurity, including tips on how to protect the retirement benefits of America’s workers. Read More
- Published in Uncategorized
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2021 IRS Compliance Program and Priorities for Employee Plans
Tuesday, April, 06, 2021
The Tax Exempt and Government Entities (TE/GE) Fiscal Year 2021 Program Letter PDF lists IRS priorities and how those align with the IRS Strategic Goals. In fiscal year 2021, the IRS will continue to pursue its compliance program described in its FY 2020 Program Letter PDF, and use its webpage to share information about other compliance program initiatives at the end
American Rescue Plan Act of 2021 – Key Benefit Plan Funding Provisions
Wednesday, March, 10, 2021
The American Rescue Plan Act of 2021 (ARPA, HR 1319) is expected to become law. Key benefit plan provisions[i] are highlighted below. Many of these affect funding provisions for defined benefit plans. Read More
- Published in Employee Benefit Plans, Forms and Procedures, Policy Updates
IRS States No Action Needed by Plan Sponsors: Delayed Mailing of Notice CP 216F
Wednesday, February, 17, 2021
The IRS has stated that Plan sponsors do not need to take further action if they are currently receiving Notice CP 216F, Approval of Extension to file Form 5500 Series Return, for calendar year 2019 Forms 5500 series returns, after the final return for 2019 has been submitted. Read More
- Published in Employee Benefit Plans, Forms and Procedures