Proposed Regulation, Benefit Plan Sponsors, Internal Revenue Code (IRC)

IRS Proposed Regulations for Plan Forfeitures

Faegre Drinker Biddle & Reath LLP on 7/1/2024

Today, employees are more likely than ever to seek new employment opportunities and change jobs. These employees may leave a company before becoming fully vested in their qualified retirement plan benefits – which may result...more

New IRS Guidance on Long-Term, Part-Time Employee Retirement Plan Participation

Davis Wright Tremaine LLP on 12/15/2023

New proposed regulations clarify how employers should implement retirement plan eligibility rules for long-term, part-time ("LTPT") employees. While some questions remain, the proposed regulations provide a number of welcome...more

Proposed Hardship Distribution Regulations Mean Changes for 401(k) and 403(b) Plan Sponsors

Miller Canfield on 8/25/2019

Employer-sponsors of certain retirement plans have work to do prior to the end of 2019. Sponsors of Internal Revenue Code ("Code") section 401(k) and 403(b) plans must analyze their plan documents and associated...more

Proposed Fiduciary Definition Regulations Will Impact Investment Adviser Practices

Faegre Drinker Biddle & Reath LLP on 5/13/2015

The U.S. Department of Labor (DOL) recently released long-awaited, re-proposed regulations that would broaden the “fiduciary” definition under the Employment Retirement Income Security Act (ERISA) and the Internal Revenue...more

DOL’s Proposed Prohibited Transaction Exemption: Best Interest Contracts

Pillsbury Winthrop Shaw Pittman LLP on 5/12/2015

This is the second in a series of client advisories regarding the U.S. Department of Labor’s re-proposed regulations (Proposed Rule) defining who is a fiduciary under ERISA and the Code as a result of providing investment...more

The U.S. Department of Labor's New Proposed Rules Defining Fiduciary Investment Advice

Proskauer Rose LLP on 4/21/2015

On April 14, 2015, the U.S. Department of Labor (DOL) issued its highly anticipated re-proposed regulation addressing when a person providing investment advice with respect to an employee benefit plan or individual retirement...more

Final and Proposed Regulations on Hybrid Pension Plans

Morgan Lewis on 10/6/2014

Plan sponsors have been granted limited relief to bring cash balance interest crediting rates into compliance. On September 18, the Internal Revenue Service (IRS) published final and proposed regulations for cash...more

Proposed Regulation › Benefit Plan Sponsors › Internal Revenue Code (IRC)