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Defined contribution plan
Industry & Regulatory News
DOL Sends PEP Item to OMB
The Department of Labor has released a prerule item titled “Pooled Employer Plans” (PEPs) to the Office of Management and Budget for review.
Industry & Regulatory News
IRS Posts Draft Form 4972, Used to Claim Special Tax Treatment for Employer Plan Distributions
The IRS has posted 2025 tax year draft Form 4972, Tax on Lump-Sum Distributions (From Qualified Plans of Participants Born Before January 2, 1936).
IRS Announces Deadline Relief for Missouri Storms
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds, tornadoes, and flooding in Missouri until November 3, 2025.
Industry & Regulatory News
Retirement Plan Disaster Assistance May Be Available for Tennessee Storms
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on June 19, 2025, for Tennessee severe storms, straight-line winds, tornadoes and flooding, for the incident period of April 2 – April 24, 2025.
Industry & Regulatory News
IRS Announces Applicable Federal Rates for July
The IRS has issued Revenue Ruling 2025-13 which contains the applicable federal rates (AFR) for July 2025.
Industry & Regulatory News
Retirement Plan Disaster Assistance May Be Available for Mississippi, Missouri, Oklahoma, and Texas
The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration for the following disasters for the period indicated.
Industry & Regulatory News
DOL Launches Opinion Letter Program
The Department of Labor (DOL) has announced the launch of its opinion letter program.
Industry & Regulatory News
DOL Notice on Information Collection Activities Has Left OMB
A notice of availability and request for comments on DOL information collection activities has left the Office of Management and Budget.
Industry & Regulatory News
DOL Requests Comments on Alternative Reporting and Disclosure Methods for ‘Top Hat’ Plans
The Department of Labor (DOL) provides an alternative method of compliance with the rules for reporting and disclosing information under Title I of ERISA for special retirement plans set up for a select group of highly compensated employees (e.g., top hat plans).
Industry & Regulatory News
DOL Rescinds 2022 Guidance on Cryptocurrency in 401(k) Plans
The Secretary of Labor, Lori Chavez-DeRemer has announced that the Department of Labor (DOL) has rescinded a 2022 compliance release that discouraged fiduciaries from including cryptocurrency options in 401(k) retirement plans.