Browsing Tag
Internal Revenue Service (IRS)
85 posts
IRS Extends Deadline for Certain RMDs
The decision was made after commenters expressed concerns on challenges in implementing the final regulations
December 18, 2024
IRS Issues Reminder on RMD Deadlines
RMDs apply to original account holders and their beneficiaries with IRAs, employer-sponsored retirement plans, and Roth IRAs
December 10, 2024
Informational Copies of 2024 Form 5500 Now Available
EBSA joins IRS, Pension Benefit Guaranty Corp. in releasing informational copies and instructions online
November 25, 2024
IRS Gives 2025 401(k) Contribution Limit a $500 Boost
Official announcement today confirms forecasts that individuals will be able to contribute $23,500 next year
November 1, 2024
Official 2025 401(k) Contribution Limit Announcement Due Soon: $500 Bump Expected
Based on September inflation figures, total employee contribution limit is expected to increase by $500 instead of $1,000
October 29, 2024
2025 401(k) Contribution Limits: Milliman Halves its Increase Prediction
Final forecast before official limits announced by IRS now predicted at $500 and $1,000 increases for individual and combined DC plan contributions
September 17, 2024
IRS Issues Guidelines on Retirement Matches for Student Loan Repayments
The IRS addresses several plan administration issues regarding matching contributions and QSLPs in its newest guidance to plan sponsors
August 19, 2024
2025 401(k) Contribution Limit Forecast: $1,000 Increase on Tap?
Milliman’s latest update shows elective deferral limit expected to increase to $24,000
June 18, 2024
HSA Contribution Limits Increased Slightly for 2025
IRS today announces small inflation-adjusted bump for owners of triple-tax-advantaged Health Savings Accounts
May 9, 2024
IRS Issues Guidance for Plan Sponsors Setting Up Emergency Savings Accounts Under SECURE 2.o
Guidance focused on reasonable measures employers can take to discourage potential manipulation of PLESA matching contribution rules
January 12, 2024