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ERISA News

Industry & Regulatory News

IRS Announces Applicable Federal Rates for October

The Internal Revenue Service has issued Revenue Ruling 2025-19 which contains the applicable federal rates (AFR) for October 2025.

September 16 2025

Industry & Regulatory News

IRS Issues Yield Curves and Segment Rates for DB Plan Contributors

The Internal Revenue Service has issued Notice 2025-47, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

September 16 2025

Industry & Regulatory News

Proposal Allowing Unclaimed Retirement Distribution Transfers to State Unclaimed Property Programs Introduced

Representatives Ron Estes (R-KS), and Seth Magaziner (D-RI), have introduced H.R. 5325, the Unclaimed Retirement Rescue Plan to direct the Department of Labor to issue regulations allowing transfers of unclaimed retirement distributions to state unclaimed property funds.

September 16 2025

Industry & Regulatory News

IRS Releases Final Regulations on SECURE 2.0 Catch-Up Provisions

The Internal Revenue Service (IRS) has issued final regulations providing guidance for employers regarding new provisions on catch-up contributions as permitted by the SECURE 2.0 Act of 2022 (SECURE 2.0).

September 15 2025

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Several Disasters

The Federal Emergency Management Agency (FEMA) issued Major Disaster Declarations on September 11, 2025, for six disasters throughout the United States.

September 12 2025

Industry & Regulatory News

IRS Releases Updated Draft 2025 Form 990-T

The Internal Revenue Service has released an updated 2025 tax year draft Form 990-T, Exempt Organization Business Income Tax Return. The form is used to, among other items, report unrelated business taxable income (UBTI), figure and report unrelated business income tax liability, and request a credit for certain federal excise taxes paid or for small employer health insurance premiums paid.

September 09 2025
IRS

Industry & Regulatory News

IRS Posts Updated Draft 2025 “Saver’s Credit” Form

The Internal Revenue Service has posted a revised draft 2025 Form 8880, Credit for Qualified Retirement Savings Contributions. This form is used by taxpayers to determine the amount, if any, that can be claimed as retirement savings contribution credits (known as the saver’s credit) for making contributions to an eligible employer-sponsored retirement plan, IRA, federal Thrift Savings Plan, or ABLE account.

September 09 2025
IRS

Industry & Regulatory News

ESOP Proposal Introduced in House

Representative Rick Allen (R-GA) has introduced the Retire through Ownership Act. According to a press release, Congress instructed the Department of Labor (DOL) with the passage of the Employee Retirement Income Security Act of 1974 (ERISA) to issue regulations for determining adequate consideration in the event employer stock did not have a generally recognized market. However, final regulations have never been issued.

September 09 2025

Industry & Regulatory News

IRS Releases Draft Publication 575

The Internal Revenue Service has released the draft 2025 tax-year Publication 575, Pension and Annuity Income. This publication contains general information for taxpayers on how they are to treat retirement plan distribution income for tax purposes.

September 02 2025
IRS

Industry & Regulatory News

IRS Releases Draft 2026 Tax Year Form 5498

The IRS has posted a draft 2026 tax year Form 5498, IRA Contribution Information. Form 5498 is used to report IRA-related information, including contributions to IRAs, SEP plans, and SIMPLE IRA plans; end-of-year fair market values; rollovers; conversions; recharacterizations; etc. This form will be reviewed for any significant changes, and findings will be shared as appropriate.

August 29 2025
IRS
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