Industry & Regulatory News
The IRS has updated previously-issued Announcement CA-2020-07, which describes the postponement of deadlines for victims of California wildfires that began on September 4, 2020. In…
Industry & Regulatory News
House Ways and Means Committee Chairman Richard Neal (D-MA) and GOP Ranking Member Kevin Brady (R-TX) have introduced the Securing a Strong Retirement Act of…
Industry & Regulatory News
The IRS has issued Notice 2020-79, which contains the following 2021 retirement savings plan limitations. Annual additions under Internal Revenue Code Section (IRC Sec.) 415(c)(1)(A)…
Thought Leadership
Our proprietary data reveals how individuals in the U.S. have changed their savings behaviors over the course of the COVID-19 pandemic as business and travel…
Industry & Regulatory News
The IRS has issued Revenue Procedure (Rev. Proc.) 2020-46, which modifies earlier guidance describing the process by which taxpayers can self-certify their eligibility for an…
Industry & Regulatory News
The IRS has issued Revenue Ruling 2020-24, guidance for qualified retirement plans that pay or “escheat” certain accounts of unresponsive or missing participants or beneficiaries…
News Releases
Firms Continue to Build on More Than Two Decades of Collaboration Mutual of Omaha Retirement Services recently announced its decision to extend its longstanding relationship…
Industry & Regulatory News
The Social Security Administration has announced the 2021 adjustments for benefits and certain other limitations that are subject to annual cost-of-living adjustment (COLA) indices. One…
Industry & Regulatory News
The Treasury Department and the Small Business Administration (SBA) have issued a joint press release and Interim Final Rule announcing a “simpler” version of the…
Industry & Regulatory News
The House of Representatives has passed by a vote of 214-207 a revised version of the HEROES Act estimated at $2.2 trillion to provide pandemic…