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  • Newport
  • FuturePlan
  • Provident Trust Group

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.

July 02 2025

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). 

July 02 2025

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.

June 27 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. 

June 23 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. 

June 18 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.

June 13 2025

Industry & Regulatory News

DOL Launches Opinion Letter Program

The Department of Labor (DOL) has announced the launch of its opinion letter program.

June 04 2025

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.

May 28 2025

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).

May 28 2025

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.

May 28 2025
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