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FlashPoint Newsletters
Below are samples of our FlashPoint Newsletters. Feel free to browse through a few of them.
- June 30, 2020
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- 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
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- 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
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- 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...
- June 2, 2020
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- 403(b), FLASHPOINT, IRS
FLASHPOINT: RIDERS, FEET ON THE PEDALS! DC TRICYCLE RESTATEMENTS ARE ABOUT TO BEGIN!
The IRS has just announced (Announcement 2020-07) the key details for the third cycle (“Tricycle”) of restatements for preapproved defined contribution...
- May 28, 2020
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- DOL, FLASHPOINT, Regulations, Uncategorized
FLASHPOINT: THE DOL EDISCLOSURE REGULATIONS: REDUCTION IN PAPER AND MAILING COSTS (BUT NO GUARANTEE THAT THE DOCUMENTS HAVE BEEN READ UNDER INTEL)
On May 21, 2020, the U.S. Department of Labor (“DOL”) published the final rule on Electronic Disclosure Safe Harbor options for...
- May 5, 2020
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- 401(k), FLASHPOINT, IRS, Regulations
FLASHPOINT: DEALING WITH THE PANDEMIC: IRS AND DOL AUTHORIZED DELAYS
Both the Internal Revenue Service (IRS) and the Employee Benefits Security Administration (EBSA) (the section of the U.S. Department of Labor...
- April 21, 2020
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- CARES, FLASHPOINT, Uncategorized
FLASHPOINT: WHAT PLAN SPONSORS SHOULD KNOW ABOUT CARES
The attached white paper by Ilene Ferenczy was commissioned by CUNA Mutual Group to help explain the advantages to both companies...
- April 14, 2020
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- Congress, FLASHPOINT, Regulations
FLASHPOINT: THE CARES ACT: DO WE HAVE TO?
Much of the confusion around the CARES Act (“CARES” or the “Act”) centers on what is mandatory and what is voluntary. ...
- March 31, 2020
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- 403(b), FLASHPOINT, IRS
FLASHPOINT: EXTENSION OF RESTATEMENT DEADLINES FOR 403(B) AND DEFINED BENEFIT PLANS
And, of course, as we hit the “send” button on Friday to send out last week’s FlashPoint on the CARES Act,...
- March 27, 2020
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- 401(k), Congress, DOL, FLASHPOINT, Hardship, IRS, Regulations, Tax Reform
FLASHPOINT: CORONAVIRUS RELIEF FROM CONGRESS – THE CARES ACT
On Friday, March 27, 2020, the House passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a massive relief...