Pension Operations Advisory Content

The Office of Information and Regulatory Affairs recently released its Fall 2024 Unified Agenda of Regulatory and Deregulatory Actions, which includes updated Agency Rule Lists from the Department of Labor and the Treasury Department and Internal Revenue Service—including projected...

The IRS and Treasury Department released Announcement 2025-02, relating to the applicability date of future final regulations relating to required minimum distributions.

On December 4, 2024, the US Government Accountability Office (GAO) released a report entitled "401(k) Plans: Industry Data Show Low Participant Use of Crypto Assets Although DOL's Data Limitations Persist".

The Internal Revenue Service recently issued Notice 2024-82 containing the 2024 Required Amendments List (RA List) for certain individually designed retirement plans.

On November 22, 2024, the IRS issued Announcement 2024-38, providing information regarding the 403(b) pre-approved plan opinion letter program.

On November 18, 2024, the Department of Labor announced the start of its information collection in order to establish the Retirement Savings Lost and Found online searchable database as directed under §303 of the SECURE 2.0 Act.

The IRS recently released Notice 2024-77, providing guidance on retirement plans' treatment of inadvertent benefit overpayments.

ICI on November 7, 2024, submitted a comment letter to Treasury and IRS providing preliminary recommendations for regulations to implement the Saver's Match contribution requirements of section 103 and 104 of the SECURE 2.0 Act.

The Internal Revenue Service (IRS) has released annual cost of living and other adjustments applicable to dollar limitations for pension and retirement plans.

On October 28, 2024, the US Government Accountability Office released a report entitled "401(k) Plans: Reported Impacts of Fee Disclosure Regulations, and DOL Efforts to Support Implementation of Regulations". According to the GAO, the Report addresses (1) literature and selected...