Fiduciary Hot Topics for Q4 2021
Opening Up Multiple Employer Plans to Small Employers
DOL Issues Temporary Penalty Relief for Annual Reporting Requirements for MEPs
The Department of Labor (DOL) recently reported that in reviewing Form 5500 data for 2018 a significant number of multiple employer plans (MEPs), including MEPs sponsored by professional employer organizations (PEOs), failed to include a complete and accurate list of participating employers with their Form 5500/5500-SF.
Will 2019 be the Year of Retirement Reform – The SECURE Act
It has been 13 years since Congress enacted the Pension Protection Act of 2006, the last piece of major legislation affecting retirement plans. Significant provisions affecting retirement plans were included in various versions of President Trump’s tax reform bill enacted in 2017, but Congress ultimately punted, and none of them made it into the final bill.
