Insights

A significant amount of information pertaining to relief afforded retirement plans has previously been issued by the Internal Revenue Service and Department of Labor which was previously reported upon by us in a prior Alert.

In IRS Notice 2020-23 issued earlier this month, the Internal Revenue Service announced that the federal income tax filing and payment due date is automatically postponed to July 15, 2020 if it was due on or after April 1, 2020, and before July 15, 2020.

This Alert provides information on a temporary change to the Internal Revenue Service (IRS) procedures concerning processing of required forms relative to the assessment and collection of taxes.

This Alert provides recently-issued information issue by the IRS which effects and extends the timing of when retirement plan documents need to adopted.

By Louis F. LiBrandi, EA, CEBS, ChFC, TGPC, Principal This Alert includes recently-issued information in Notice 2020-18, which the IRS developed […]

With the new year and the new decade comes new information that employers and participants will need to know in the employee benefits sphere.

Plan sponsors should review the cost of living adjustments (COLAs) to determine what, if any, changes need to be communicated to employees by means of orientation meetings and enrollment forms.

Are you ready to catch up on some of the recently issued guidance and initiatives provided by the Internal Revenue Service (IRS) and Department of Labor (DOL) regarding employee benefit plan matters?

An annual event for employee benefit plan administrators is the reporting of information to the government of the employee benefit plans sponsored by an employer.

In Revenue Procedure 2019-19, the Internal Revenue Service (IRS) issued guidance that increases the availability of retirement plan sponsors to correct certain plan documents and plan loan failures through the IRS Self-Correction Program (SCP).

The Internal Revenue Service (IRS) recently issued its Operational Compliance List (OCL) to help plan sponsors and practitioners achieve operational and “form” (i.e., plan documentation) compliance by identifying changes in qualification requirements effective during a calendar year.

Our Employee Benefits Services Group (EBSG) has expended a lot of time reviewing restated 403(b) plan documents that record keepers, third party administrators, or other plan document preparers have provided to plan sponsors to review.