Browsing Tag
Internal Revenue Service (IRS)
106 posts
The Internal Revenue Service (IRS) is the U.S. federal agency responsible for administering and enforcing tax laws. It collects taxes, processes tax returns, issues refunds, and ensures compliance with federal tax obligations. Operating under the Department of the Treasury, the IRS also provides taxpayer assistance, develops regulations, and combats tax fraud.
2027 HSA Contribution Limits Released by IRS
Individuals get a $100 bump to the 2026 limit while the family rate jumped $250 to $9,000 for next year
Insiders Project $100 Rise for 2027 HSA Contribution Limit
As the wait continues for the IRS to release official 2027 health savings account limits, forecasts align that the self-only limit will increase to $4,500 while family rates will either be $8,950 or $9,000
2027 401(k) Contribution Limit Projected at $25,000
Milliman forecasts a modest $500 increase to next year’s employee elective deferral limit
4 Million Children Signed Up for Trump Accounts: IRS
New data reveals 1 million have claimed the $1,000 pilot program contribution
Trump Accounts Not Subject to ERISA: Industry Wants Certainty
In comments to Treasury and the IRS, organizations sound off on how the new accounts can be implemented efficiently
IRS Updates Safe Harbor Explanations for Retirement Plan Administrators
Notice 2026-13 revises how plan administrators can inform participants about the tax implications of rollover distributions
2025 Form 5500 Informational Copies Released by DOL, IRS
New plan characteristic codes added; IRS will release paper copies of Form 5500-EZ and instructions for 2025 separately on its website after Jan. 1, 2026
HSA Eligibility Expansion Under OBBB Detailed in New IRS Guide
Guidance released today covers new tax benefits for health savings account participants under the One, Big, Beautiful Bill
Treasury, IRS Release Guidance on ‘Trump Accounts’
Guardians will be able to use Form 4547 to enroll in a “Trump Account” program
IRS Announces 2026 401(k) Contribution Limit Increases to $24,500; IRA Limit Up to $7,500
Full official retirement plan contribution limits for next year released today in Notice 2025-67