For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Compliance November 7, 2016
Educational Resources Offered to Retirement Plan Sponsors by IRS
The agency announced the availability of “Issue Snapshots” about tax-related issues for retirement plan practitioners.
Reported by Rebecca Moore
The Internal Revenue Service (IRS) Tax Exempt and Government Entities (TE/GE) Knowledge Management team periodically issues research summaries called “Issue Snapshots” about tax-related issues for retirement plan practitioners.
Topics covered in the snapshots include church plan automatic contribution arrangements, nondeductible contributions to defined benefit plans and hardship distributions from 401(k) plans, among others.
In addition, the IRS has updated its SIMPLE IRA Plan Fix-It Guide as well as its 403(b) Plan Fix-It Guide.
You Might Also Like:
DC Plans a Major Reason Many Americans Have Retirement Savings, per ICI
Nearly all respondents to a survey said their defined contribution plan helped them consider long-term needs.
IRS Postpones RMD Rules
Rules governing required minimum distributions from retirement accounts, first proposed in February 2022, will not take effect until at least...
Carta Partners With Vestwell, Morgan Stanley on Retirement Planning Service
Carta 401(k) provides retirement guidance to high-growth companies using technology from Vestwell and oversight from Morgan Stanley.