ERISA News

Industry & Regulatory News

Covid-19 National Emergency Ends Today

As announced by President Biden on January 30, 2023, the National Emergency in response to COVID-19 will end today. 

May 11 2023
DOL

Industry & Regulatory News

Health Savings Act Reintroduced

Senator Marco Rubio (R-FL), along with several cosponsors have reintroduced the Health Savings Act.

May 11 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Kentucky Severe Storms

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on May 9, 2023, for severe storms, straight-line winds, flooding, landslides, and mudslides in Kentucky, for the incident period of February 15, 2023 – February 20, 2023.

May 10 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Alabama Severe Storms, Straight-line Winds, and Tornadoes

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on May 5, 2023, for severe storms, straight-line winds and tornadoes in Alabama, for the incident period of March 24, 2023 – March 27, 2023.

May 08 2023

Industry & Regulatory News

IRS Invites Recommendations for Priority Guidance Plan

The Department of the Treasury and the Internal Revenue Service are soliciting recommendations for items to be included on the 2023-2024 Priority Guidance Plan.

May 05 2023

Industry & Regulatory News

IRS Announces Deadline Relief for California Severe Winter Storms

The IRS has announced the postponement of certain tax-related deadlines for victims of severe winter storms, straight-line winds, flooding, landslides, and mudslides in California.

May 05 2023

Industry & Regulatory News

Prime Interest Rate Increased to 8.25 Percent

Effective May 3, 2023, the prime interest rate increased from 8.00 percent to 8.25 percent.

May 04 2023

Industry & Regulatory News

Senate Proposal Would Make Certain ABLE Tax Provisions Permanent

Senator Ted Cruz (R-TX) and co-sponsor Senator Mike Braun (R-IN) have introduced S. 1226, a bill to make permanent several individual tax provisions.

May 04 2023

Industry & Regulatory News

Washington Pulse: IRS Releases Proposed Forfeiture Guidance

The IRS recently released proposed regulations regarding the use of forfeitures within qualified retirement plans.

May 03 2023

Industry & Regulatory News

INSULIN Act Proposed in Senate

Senator Jeanne Shaheen (D-NH) and co-sponsor Susan Collins (R-ME) have introduced S. 1269, the INSULIN Act of 2023.

May 03 2023