Secure 2.0 included several tax credits related to retirement plans. We wanted to let you know about two of those credits. Small Plan Startup Credit This credit has been around,…..
Category: Retirement
Big Changes Are Coming to Form 5500 for 2023
Changes are coming to the Form 5500 for the 2023 plan year. These changes are part of the Form 5500 Modernization Initiative that was announced back in 2016. If you…..
CARES Act and Retirement Plans (What You Should Know)
The Coronavirus, Aid, Relief, and Economic Security (CARES) Act signed on March 27, 2020, contained several provisions related to eligible retirement plans. Some of the provisions are options such as the distribution and loan provisions while others are mandatory, namely the waiver of 2020 required minimum distributions. Learn more.
The SECURE Act Is Changing Retirement. (What Does It Mean for You?)
On December 20, 2019, President Trump signed “The Further Consolidated Appropriations Act of 2020,” which includes provisions of the SECURE Act (Setting Every Community Up for Retirement Enhancement). What does it mean for you?