SIGN UP! Get our newsletter, the Ferenczy FlashPoint. It will not show up in your inbox with annoying frequency—only when we have some important news to relay regarding regulatory updates.
FlashPoint Newsletters
Below are samples of our FlashPoint Newsletters. Feel free to browse through a few of them.
- December 14, 2020
- /
- 401(k), FLASHPOINT, PPP, Secure
FLASHPOINT: NEW SECURE SAFE HARBOR 401(K) PLAN RULES: YOU CAN DO THE SAFE HARBOR NONELECTIVE HOKEY POKEY!
In brand new Notice 2020-86, issued on December 9, 2020, the IRS provides some additional guidance on the post-SECURE safe harbor...
- October 26, 2020
- /
- FLASHPOINT, IRS
FLASHPOINT: IRS ANNOUNCES 2021 COST OF LIVING ADJUSTMENTS TO VARIOUS RETIREMENT PLAN LIMITS
The IRS just released the cost of living adjustments for various retirement plan limitations that will take effect on January 1,...
- October 13, 2020
- /
- 401(k)
FLASHPOINT: DEJA-VU! DIDN’T WE JUST FINISH RESTATEMENTS?
The attached article was written by Alison Cohen for the ASPPA Plan Consultant Magazine, and discusses 8 practical solutions to the...
- September 26, 2020
- /
- 401(k)
FLASHPOINT: THE THREE-MONTH RULE AND RETROACTIVE SAFE HARBOR ELECTIONS: YOU NEED TO ADOPT THE PLAN BY OCTOBER 1!
By S. Derrin Watson Perhaps we should have expected it. It would have been nice if the IRS had provided guidance...
- September 10, 2020
- /
- DOL, IRS, MEP
FLASHPOINT: ALL THE GUIDANCE THAT’S FIT TO PRINT: GIFTS FROM THE DOL AND IRS (GEE, WE DIDN’T GET THEM ANYTHING!)
In the last few weeks, the U.S. Department of Labor (“DOL”) and Internal Revenue Service (“IRS”) have published a number of...
- August 18, 2020
- /
- FLASHPOINT, IRS
FERENCZY FLASHPOINT: USER FEES GOING UP AND CARES UPDATE
Updated User Fees for IRS Filings The IRS just issued the user fees for 2021 in Announcement 2020-14. Unlike in 2018,...
- August 5, 2020
- /
- FLASHPOINT, MEP
FLASHPOINT: SEP, MEP, OR PEP IDENTIFYING THE KEY DIFFERENCES IN RETIREMENT PLANS
The attached white paper by Alison Cohen and Ilene Ferenczy was commissioned by Transamerica Retirement Solutions, LLC to help explain the...
- June 30, 2020
- /
- CARES, FLASHPOINT, IRS
FLASHPOINT: IRS STILL CARES SUSPENSION OR REDUCTION OF SAFE HARBOR CONTRIBUTIONS FOR 2020
In Notice 2020-52 (the “Notice”), issued on June 29, 2020, the IRS continues providing relief for employers during the COVID pandemic. ...
- June 24, 2020
- /
- CARES, FLASHPOINT, IRS
FLASHPOINT: WAIT! THERE’S MORE! IRS ISSUES CARES RMD GUIDANCE
Under the heading of “No Good Deed Goes Unpunished,” we were just patting ourselves on the back for getting out the...
- June 22, 2020
- /
- CARES, FLASHPOINT, IRS
FlashPoint: The IRS CARES! (Who’d Have Thunk?) Expanded List of Qualified Individuals and More Info!
On Friday, June 19, 2020, the IRS issued Notice 2020-50 (the “Notice”), which provides expanded guidance on Coronavirus-Related Distributions (“CRDs”) and...