Tag Archives: SECURE Act

Guidance to Make Us Feel More SECURE

By David M. Pixley, Elisabeth E. Constantino, Blaine A. Veldhuis and Kenneth C. Weafer on Posted in: 401(k) plan, 403(b), Amendments, Defined Benefit Plans, defined contribution, ERISA, SECURE Act
Notice 2020-68 from the IRS provides valuable clarification for sponsors of qualified plans, 403(b) plans, and 457(b) governmental plans, as well as IRA holders, related to certain provisions in the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) and the Bipartisan American Miners Act of 2019. A new tax credit under the … Continue Reading

The SECURE Act, at Last

By Blaine A. Veldhuis on Posted in: Dealing with the IRS on Employee Benefit Issues, defined contribution, ERISA, IRS, Retirement plans, SECURE Act, Trump
On December 19, 2019, the Senate passed, as part of the Further Consolidated Appropriations Act 2020 (Public Law No. 116-94), the Setting Every Community Up for Retirement Enhancement (SECURE) Act (Division O pg. H.R. 1865-604).  It is touted as the most significant retirement act since the Pension Protection Act of 2006.  President Trump signed the … Continue Reading
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