The Internal Revenue Service (IRS) recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits...more
11/2/2023
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Employee Benefits ,
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Retirement Plan
Join partners from McDermott’s Employee Benefits team as they discuss the impact of the recently passed SECURE 2.0 Act of 2022. With over 90 changes to retirement plans and individual retirement accounts (IRAs), this webinar...more
1/13/2023
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403(b) Plans ,
Automatic Enrollment ,
Consolidated Appropriations Act (CAA) ,
Continuing Legal Education ,
Defined Benefit Plans ,
Early Retirement Distributions ,
Employee Benefits ,
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Hardship Distributions ,
Health and Welfare Plans ,
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Required Minimum Distributions ,
Retirement ,
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SECURE Act ,
Student Loan Benefit Programs ,
Webinars
The IRS recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2020. Nearly all of the dollar limits currently in effect for 2019 will...more
11/7/2019
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Compensation & Benefits ,
Contribution Limits ,
Cost-of-Living Adjustment (COLA) ,
Defined Benefit Plans ,
Employee Benefits ,
Health Savings Accounts ,
IRS ,
Popular ,
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Summary Plan Description
Due to an Internal Revenue Service (IRS) change in course published in Notice 2019-18, plan sponsors may now offer retirees lump-sum windows as another pension “de-risking” option. Plan sponsors considering pension de-risking...more
Near the end of 2016, the US Department of Treasury and the Internal Revenue Service published two significant sets of proposed regulations on issues pertaining to defined benefit pension plans, including mortality table...more
On July 31, 2015, President Obama signed the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, temporarily extending the Highway Trust Fund to provide continued funding for federal transportation...more
10/20/2015
/ Affordable Care Act ,
Barack Obama ,
Defined Benefit Plans ,
Employee Benefits ,
Employer Mandates ,
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Form 5500 ,
Form 990 ,
Health Savings Accounts ,
Highway Trust Fund ,
Large Employer ,
Life Insurance ,
New Legislation ,
Pensions ,
Plan Administrators ,
SAR ,
Shared Responsibility Rule ,
Surface Transportation and Veterans Health Care Choice Improvement Act ,
Tax Exempt Entities ,
Time Extensions ,
TRICARE ,
Veterans
The Internal Revenue Service (IRS) recently issued two significant notices for employers that sponsor defined benefit pension plans, particularly those considering lump-sum windows as a “de-risking” option for their plans....more
9/3/2015
/ Benefit Plan Sponsors ,
De-Risking ,
Defined Benefit Plans ,
Funding Requirements ,
Internal Revenue Code (IRC) ,
IRS ,
Lump Sum Offers ,
Lump Sum Payments ,
New Guidance ,
PBGC ,
Pensions ,
Private Letter Rulings ,
Section 401 ,
U.S. Treasury