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Coming Soon To Your 403(b) Plan: IRS Determination Letters - Retirement, Superannuation & Pensions - Vimarsana News

Coming Soon To Your 403(b) Plan: IRS Determination Letters - Retirement, Superannuation & Pensions

In November 2022, the Internal Revenue Service (IRS) announced in Revenue Procedure 2022-40 an expansion to its Determination Letter Program which for the first time will permit...

Source: mondaq.com
SECURE 2.0 Expansion of Self-Correction Program and Plan Loan Error Corrections | Faegre Drinker Biddle & Reath LLP - Vimarsana News

SECURE 2.0 Expansion of Self-Correction Program and Plan Loan Error Corrections | Faegre Drinker Biddle & Reath LLP

The SECURE 2.0 Act of 2022 (SECURE 2.0), the follow-up legislation to the Setting Every Community Up for Retirement Enhancement Act of 2019 (now known as SECURE 1.0) (previously...

SECURE 2.0 Upends IRS Correction Procedure | Kilpatrick Townsend & Stockton LLP - Vimarsana News

SECURE 2.0 Upends IRS Correction Procedure | Kilpatrick Townsend & Stockton LLP

The SECURE 2.0 Act of 2022 (“SECURE 2.0”) is one of the most significant pieces of retirement plan legislation in many years. (See our high level summary of SECURE 2.0 at link.) Among...

SECURE 2.0 + 1: Retirement Plan Changes and One Notable Health Plan Change | Bass, Berry & Sims PLC - Vimarsana News

SECURE 2.0 + 1: Retirement Plan Changes and One Notable Health Plan Change | Bass, Berry & Sims PLC

As widely reported, the president recently signed into law the Consolidated Appropriations Act of 2023 (CAA 2023), a $1.7 trillion omnibus spending bill, which contains significant...

Rules for Sponsor Self-Correction Broadened by Both SECURE 2.0 and DOL Proposal - Vimarsana News

Rules for Sponsor Self-Correction Broadened by Both SECURE 2.0 and DOL Proposal

The DOL made a proposal to expand the VFCP in November 2022, and SECURE 2.0 also made changes to IRS and DOL corrections programs.