by: Fred Reish, Esq. The Department of Labor (“DOL”) has issued a proposed regulation (“Proposal”) providing guidance related to the selection of investments for participant-directed plans, such as 401(k) plans. […]
By: Ilene H. Ferenczy, Esq. SECURE 2.0 section 338 added rules to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and mandated changes to the related U.S. […]
By: Alison J. Cohen, Esq. The Internal Revenue Service (“IRS”) recently issued Notice 2026-13, which contains updates to the Internal Revenue Code (“IRC”) section 402(f) mandatory participant notice (AKA the […]
By: Ilene H. Ferenczy, Esq. As discussed in our last FlashPoint, on September 16, 2025, the Treasury Department issued final regulations in relation to the SECURE 2.0 catch-up contribution provisions […]
By: Ilene H. Ferenczy, Esq., CPC, APA Yes, the Treasury issued final regulations in relation to the SECURE 2.0 changes to catch-up contribution rules on September 15, 2025. However, some […]
By Ilene H. Ferenczy, Esq. With so many people in their 20s and 30s (and perhaps 40s) continuing to suffer financially due to overwhelming student loan debt, the SECURE 2.0 […]
By: Ilene H. Ferenczy, Esq., CPC, APA At the risk of sounding ungrateful, our Thanksgiving holiday was interrupted on Friday when the IRS finally issued the proposed regulations outlining how […]
By Alison J. Cohen, Esq. On Friday, August 25, 2023, the Internal Revenue Service (“IRS”) released Notice 2023-62 (the “Notice”), giving plan sponsors long-awaited relief with respect to the implementation […]
By S. Derrin Watson, JD, APM The Internal Revenue Service (“IRS”) issued some welcome relief in connection with the required minimum distribution (“RMD”) rules. The transition relief impacts both certain […]
By: Adrienne I. Moore, Esq. Section 305 of the SECURE 2.0 Act was a welcome modification to the rules for correcting compliance errors — significantly expanding the Employee Plans Compliance […]
By Alison J. Cohen, Esq., APR By now, everyone is well aware that SECURE 2.0 was signed into law on December 29, 2022. One of the provisions in SECURE 2.0 […]
The Department of Labor (“DOL”) issued a new proposed Voluntary Fiduciary Correction Program (“VFCP”) on November 18, 2022, which should – if finalized – make it easier for fiduciaries to […]
The IRS issued Revenue Procedure 2016-37 (the “Procedure”) at the end of June, which significantly affects individually designed plans (“IDPs”) and has some ramifications for pre approved documents, such as prototypes and […]