Tag: Internal Revenue Service (IRS)

The new investment accounts for eligible US children under the age of 18 are allowed to receive donations of publicly...

Effective in 2027, the contribution limit for health savings accounts will increase to $4,500 from $4,400.

The notice extended the deadline for plans to permit the distributions and clarified reporting requirements for plan sponsors and insurance...

Starting Tuesday, the public has 60 days to submit written feedback to the IRS on the new form.

The Department of Labor could lose one-fourth of its budget and more than 2,000 full-time employees.

So far the Department of the Treasury has not specified whether other firms will help set up or administer the...

Asset allocation rules remain uncertain as investment managers push for greater diversification. 

The proposal details how the IRS would treat one-time $1,000 government contributions to accounts of U.S. children born between 2025...

Rules governing required minimum distributions from retirement accounts, first proposed in February 2022, will not take effect until at least...

The agency could add further extensions if it deems them necessary.

The IRS published new guidance based on the One Big Beautiful Bill Act, executive orders and more.

The documents contain information on the permitted disparities in employer-provided contributions or benefits.

While plan sponsors and payroll providers will likely take the first steps, recordkeepers face growing complexity as the new requirements...

New requirements impact discontinued multiemployer pension plans, variable annuity formula plans, and PBGC-covered single-employer plans that have been terminated. 

Many retirement plans may need amendments to meet regulatory updates regarding required minimum distributions and SECURE and SECURE 2.0 provisions.

These are the first official rules for a new kind of tax-advantaged savings account designed for minors born from 2025...

Maximum Benefit/Contribution Limits for 2021 through 2026, with a downloadable PDF of limits from 2016 to 2026.

While 2026 retirement plan contribution limits were delayed by weeks, it is business as usual for payroll providers and recordkeepers’...

The lengthiest government shutdown left the IRS’ release of annual contribution limits for qualified defined contribution plans and individual retirement...

Regardless of when the IRS publishes updates to various limits in defined contribution plans, the four-week-old government shutdown will not...