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United States - Employee Benefits & Compensation - SECURE 2.0 Makes Several Changes Affecting Annuities

United States - Employee Benefits & Compensation - SECURE 2.0 Makes Several Changes Affecting Annuities
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IRS Extends Required Minimum Distribution Relief Pending Issuance Of Final Regulations - Retirement, Superannuation & Pensions

On April 16, 2024, the IRS issued Notice 2024-35 ("Notice") which further extends required minimum distributions ("RMD") relief for the fourth year in a row while plan sponsors. ....

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The Long Read - Lifetime Income Products In CITs On The Rise - Employee Benefits & Compensation

Following the shift from defined benefits plans to 401(k) plans, we are increasingly seeing asset managers develop collective investment trusts ("CITs") with in-plan "lifetime income" products. ....

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Milestone Retirement Reform Arrives: Key Provisions Of SECURE 2.0 - Employee Benefits & Compensation

On December 29, 2022, President Biden signed into law the Consolidated Appropriations Act, 2023, which contains an impressive collection of retirement. ....

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Extended Time to Amend Tax Qualified Retirement Plans for SECURE 2.0 Act and other Legislation | Pullman & Comley - Labor, Employment and Employee Benefits Law

On December 20, 2023, the Internal Revenue Service (IRS) issued Notice 2024-2 to “provide guidance on discreet issues” concerning the implementation of specific provisions of the SECURE. ....

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