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Relief . . . Just a Little Bit – IRS Notice 2020-23: Limited Extensions of Form 5500

In the midst of everything going on, we wanted to point out a few “under the radar” implications of IRS Notice 2020-23. The Notice, issued on April 9th, provides that tax-related deadlines that fall between April 1, 2020 and...more

We interrupt this program – is a multiple employer plan in your future?

We interrupt our usual Benefits Dial programming – to take a closer look at developments affecting multiple employer plans (MEPs) as part of our series of posts on the recently enacted benefit plan legislation, including the...more

Friends in Low Places . . . IRS focusing on late contributions too

“I was the last one you’d thought you’d see there…” We tend to think of untimely remittances to retirement plans as primarily an ERISA issue, and certainly, the cause of many DOL audits. Lately, however, it seems the IRS...more

Mixing Student Loan Assistance and 401(k) Plans

Student Loan Assistance and 401(k) Plans – Oil and water. These two benefits have not mixed well due to the complex tax rules governing 401(k) plans. In a welcome ruling (PLR 201833012), the IRS approved a taxpayer's plan to...more

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