On May 12, 2020, the Internal Revenue Service issued Notice 2020-29, which allows employers to make temporary changes to section 125 cafeteria plans. The permitted changes include giving employees more flexibility to make...more
Following Hurricane Harvey and its resulting destruction, many employees are in need of financial assistance and/or early access to retirement funds. We will highlight how employers can make direct financial assistance...more
9/8/2017
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403(b) Plans ,
457(b) Plans ,
Employee Benefits ,
Employer Contributions ,
Hardship Distributions ,
Hurricane Harvey ,
Internal Revenue Code (IRC) ,
IRS ,
Loans ,
Natural Disasters ,
Qualified Disaster Relief Payments ,
Retirement Plan
On June 22, 2016, the Internal Revenue Service published proposed regulations under Internal Revenue Code Section 409A, which applies to non-qualified deferred compensation plans and arrangements. The proposed regulations are...more