(authored by RSM US LLP) SECURE 2.0 changes the rules governing how and when certain retirement savers can withdraw money from their retirement accounts and…
(authored by RSM US LLP) SECURE 2.0 changes the rules for how long-term, part-time employees are treated for purposes of 401(k) and 403(b) retirement plans.
In June, the IRS began piloting a new compliance program for benefit plan sponsors. This program gives benefit plans 90-days’ notice of an upcoming examination,…
(authored by RSM US LLP) The IRS is piloting a pre-examination compliance program for retirement plans, which provides plan sponsors with 90-day window to review…
(authored by RSM US LLP) For employee benefit plans subject to ERISA, Statement on Auditing Standards No. 136 changes the look of the auditor’s report.
(authored by RSM US LLP) SAS 136 includes requirements to communicate reportable findings identified as a result of testing relevant plan provisions.
(authored by RSM US LLP) Before year end, plan administrators or trustees and their auditors should discuss certain preconditions of the audit.
(authored by RSM US LLP) The IRS has released its annual cost-of-living adjustments for retirement plan limits, effective Jan. 1, 2022.
For years, employee benefit plans (EBPs) have been under a regulatory microscope. In November 2021, the Department of Labor (DOL) will begin to assess the…
(authored by RSM US LLP) SAS 136 will affect audits of employee benefit plans subject to ERISA effective for periods ending on or after December…