Resource Type

Treasury Issues Tax Reform Guidance that May Impact Retirement Plans

February 15, 2019

The Department of the Treasury and the Internal Revenue Service (IRS) recently released two pieces of guidance implementing certain provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) that could be relevant to retirement plan sponsors.

Senators Portman and Cardin Introduce Expansive Retirement Bill

January 10, 2019

Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced the Retirement Security and Savings Act of 2018 (S. 3781), a bill that the senators had initially released in October as a discussion draft to gather comments from stakeholders.

Senator Wyden Introduces Bill Allowing Matching Contributions for Student Loan Payments

January 10, 2019

Senator Ron Wyden (D-OR) introduced legislation that would allow employers to make matching contributions to employees’ retirement accounts based on employees’ student loan payments.

IRS Issues Guidance on Part-Time Employee Exception for 403(b) Plans

January 10, 2019

On December 4, 2018, the Internal Revenue Service (IRS) issued Notice 2018-95, which provides guidance and temporary relief for 403(b) plans from the “once-in-always-in” (OIAI) eligibility rule.

Bipartisan E-Delivery Bill Reintroduced in the Senate

January 10, 2019

On December 19, 2018, the Receiving Electronic Statements To Improve Retiree Earnings (RETIRE) Act (S. 3795) was reintroduced by Senators Sherrod Brown (D-OH) and Mike Enzi (R-WY).