Pension Operations Advisory Content

Today, ICI submitted the attached comment letter to the Treasury Department and IRS on the proposed regulations relating to the "unified plan rule" for multiple employer plans (MEPs).

On May 20, 2022, the federal agencies with authority over employer-sponsored benefit plans—the Department of Labor (DOL), Internal Revenue Service (IRS), and Pension Benefit Guaranty Corporation (PBGC)—jointly released final revisions to the Form 5500 Annual Return/Report forms (and...

ICI sent the attached comment letter to the IRS and Treasury, responding to the notice of proposed rulemaking that would amend the regulations governing required minimum distributions (RMDs) from retirement plans and IRAs to reflect changes made by the Setting Every Community Up for...

In Notice 2022-27, the Internal Revenue Service (IRS) announced further extension of the temporary relief from the physical presence requirement for notarization of spousal consent (and other participant elections) previously provided in Notices 2021-40, 2021-03 and 2020-42.

On May 12, 2022, the Institute sent the attached comment letter to the Department of Labor (DOL) in response to its Request for Information (RFI) seeking public comment on what actions, if any, DOL should take under federal law to protect retirement savings and pensions from risks...

The US Government Accountability Office (GAO) published a report on 403(b) plans entitled: "403(b) Investment Options, Fees, and Other Characteristics Varied" (the "Report").

As we previously reported, the Department of Labor (DOL) recently issued Compliance Assistance Release No. 2022-01 (the "Release"), providing guidance for 401(k) plan fiduciaries regarding plan investments in cryptocurrencies and similar types of digital assets.

On March 28, 2022, the Treasury Department and IRS published proposed regulations relating to the "unified plan rule" for multiple employer plans (MEPs).

As we previously reported, the Department of Labor (DOL) recently proposed amendments to the procedures governing the filing and processing of prohibited transaction exemption applications ("Proposal").