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The Internal Revenue Service (IRS) has released the 2025 tax year Publication 4810, Specifications for Electronic Filing of Form 8955-SSA, Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits. The purpose of this publication is to provide specifications for electronically filing Form 8955-SSA, Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits. This publication must be used to prepare current and prior year Form 8955 SSAs. Retirement plan sponsors use this form to notify the Social Security Administration (SSA) if a former employee has vested benefits remaining in the plan.

The Federal Emergency Management Agency (FEMA) issued Major Disaster Declarations on May 29 for certain storms.

The Form 5500 Simplification Act (H.R. 7362), introduced by Representatives Glenn Grothman (R-WI) and Don Norcross (D-NJ), passed out of the House Committee on Education & Workforce by a vote of 22-12. The bill would amend ERISA to change the filing deadline for Form 5500 to nine and one-half months following the end of the plan year (October 15 for calendar year plans), eliminating the requirement to file an extension for the later date.

The Internal Revenue Service has issued Notice 2026-33, to provide guidance on qualified long-term care distributions for long-term care insurance premiums pursuant to Section 334 of SECURE 2.0. Congress made the option available for these special retirement plan distributions after December 29, 2025.

The Internal Revenue Service has issued Revenue Ruling 2026-11 which contains the applicable federal rates (AFR) for June 2026.

Senators Kevin Cramer (R-ND) and Chris Coons (D-DE), and Congressmen Don Beyer (D-VA) and Mike Kelly (R-PA), have introduced the bicameral, bi-partisan Charity Parity Act to allow taxpayers to make direct qualified charitable distributions (QCDs) from their employer sponsored retirement plans.

The Department of Labor (DOL) has issued Field Assistance Bulletin 2026-02 (Bulletin), addressing inquiries regarding compliance with the paper statement requirements under Section 338 of SECURE 2.0. DOL recognizes that final regulations addressing the 2002 and 2020 electronic delivery safe harbors have not been issued (proposed regulations were released in February), and that defined contribution plans operating on a calendar-year basis must furnish a quarterly pension benefit for the calendar-year quarter that ended on March 31, 2026, no later than May 15, 2026.

The Internal Revenue Service (IRS) has announced the postponement of certain tax-related deadlines for individuals and businesses in parts of Southeast Georgia that were affected by wildfires and straight-line winds that began on April 18, 2026. The tax relief postpones various tax filing deadlines that began on April 18, 2026. Affected individuals and households who reside or have a business in Clinch, Echols and Brantley counties, as well as taxpayers with records located in the covered area that are needed to meet covered deadlines, qualify for relief.

The Internal Revenue Service has announced the postponement of certain tax-related deadlines for victims of Super Typhoon Sinlaku until November 2, 2026. The tax relief postpones various tax filing deadlines that began on April 11, 2026. Affected individuals and households who reside or have a business in Northern Islands, Rota, Saipan and Tinian, as well as taxpayers with records located in the covered area that are needed to meet covered deadlines, qualify for relief.