Partial Termination Relief in Effect Until March 31, 2021
Tuesday, February 16, 2021 This blogpost reviews the “partial termination” rules for certain tax-qualified retirement plans and certain regulatory and statutory rules that have, to the benefit of employers, relaxed the partial termination rules in 2020 and 2021. The Partial Termination Rules Retirement plans that are intended to be tax-qualified under Internal Revenue Code (the “Code”) Section 401(a) must comply with confusing, and sometimes costly, “partial termination” r...
Internal Revenue Code Partial Termination Consolidated Appropriations Act Covered Period Related Relief Retirement Plans
Source: natlawreview.com