Compliance News
Legislative and Judicial Actions
Key legislation, regulations and litigation from Washington, D.C., and the courts.
Reported by
PLANADVISER Staff
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State-Level Missing Check Clearinghouse Launches
The States’ Unclaimed Retirement Clearing House allows plan sponsors and recordkeepers to transfer uncashed distribution checks to a plan’s state...
IRS Postpones RMD Rules
Rules governing required minimum distributions from retirement accounts, first proposed in February 2022, will not take effect until at least...
Missing RMDs Cost Investors $1.7B in Penalties, per Vanguard
More than half of investors with IRA balances under $5,000 missed their required minimum distribution in 2024, according to research by Vanguard.