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Know Your DC Plans | PLANSPONSOR

Tax-exempt, church and governmental employers have a wide range of considerations when picking what retirement plan, or plans, to offer. ....

New Jersey , United States , David Ashner , Robert Abramowitz , Groom Law Group , Lewis Bockius , Tax Exempt Organizations , Groom Law ,

IRS Proposes Part-Time Eligibility Rules per SECURE Legislation

Plan sponsors now have IRS guidance on what part-time workers are eligible for plans, though a comment period and finalization are still ahead. ....

David Ashner , Setting Every Community Up For Retirement Enhancement , Revenue Service , Groom Law Group , Internal Revenue Service , Retirement Enhancement Act ,

Better Late Than Never: New Bill Would Permit CITs in 403(b)s

Proposed legislation would amend securities laws to close a SECURE 2.0 loophole and clear the way for CITs in 403(b) plans. ....

Patrick Mchenry , David Ashner , Robert Abramowitz , Morgan Lewis , Frank Lucas , House Committee On Financial Services , Financial Services Committee , House Committee On Ways , Groom Law Group , Investment Company , Representative Frank Lucas , Investment Company Act , Exchange Act , Securities Act , House Committee , Financial Services , Representative Patrick Mchenry , R North Carolina ,

403(b) Plans Will Start Acting More Like 401(k)s with SECURE 2.0 Changes

Plan sponsors offering 403(b) plans may be able to operate them more like 401(k)s after SECURE 2.0, according to experts. ....

David Ashner , Joe Biden , Groom Law Group , President Joe Biden , Employee Retirement Income Security Act , Multiple Employer , Pooled Employer , Hardship Withdrawal ,

403(b) Plans May Apply for IRS Determination Letters Starting Next June

The IRS will provide determination and termination letters to 403(b) plans beginning next June. ....

Morgan Lewis , David Ashner , Robert Abramowitz , Groom Law Group , Revenue Procedure , Employer Identification ,