…benefit plans – primarily those designed to implement provisions in the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The window for comments recently closed on November 1st. At the same time, EBSA published a notice of proposed changes to its implementing regulations under…
On December 20, 2019, President Trump signed the government’s must-have, year-end spending bill, the Further Consolidated Appropriations Act, 2020, into law. The last minute addition of the Setting Every Community Up for Retirement Enhancement (SECURE) Act provisions to the spending bill means a landslide of…
…will be a challenge from a recordkeeping perspective, but our view is that the provision will rapidly gain popularity once the tax community becomes facile with its implications and opportunities. Provision: Less stringent controlled group rules Businesses under common ownership or control are subject to…