March 27, 2020 – Known as the Coronavirus, Aid, Relief and Economic Security (CARES) Act (H.R. 748 as amended), on Wednesday, March 25th, the Senate…read more
December 9, 2019 – In response to a request from the Chief Accountant of the Department of Labor, the Auditing Standards Board (ASB) recently issued…read more
December 2, 2019 – For several years we’ve witnessed a growing volume of litigation related to employee benefit plans. According to the Bloomberg Bureau of…read more
November 19, 2019 – The IRS recently issued Rev. Proc. 2019-19, which went into effect April 19, 2019. This Rev. Proc. expanded the Self-Correction Program…read more
On March 6, 2019, the IRS issued Notice 2019-18, which reverses the IRS’s previously stated intention to prohibit defined benefit plans from offering lump sum…read more
October 9, 2019 – As a general rule, Department of Labor (DOL) regulations specify that salary deferrals and loan repayments withheld from employee paychecks should…read more
September 17, 2019 – Regulations issued by the IRS have clarified new hardship withdrawal rules for 401(k) and 403(b) plans under the Bipartisan Budget Act…read more
August 27, 2019 – Internal Revenue Service (IRS) Revenue Procedure 2019-20, which is effective September 1, 2019, most notably provides for a limited expansion of…read more
December 17, 2018 – In recent years, the Society of Actuaries (SOA) has released mortality improvement scales each October, with Scale MP-2017, which reflects mortality…read more
December 11, 2018 – For several years we’ve witnessed a growing volume of litigation related to employee benefit plans (EBP). According to the Bloomberg Bureau…read more
