Posts in Deadline.
The SECURE Act, which was enacted in 2019, made several changes impacting required minimum distributions that impacts virtually all retirement plans. The most commonly known change was the change in the required beginning date from 70 ½ to age 72. It also changed the distribution on death rules eliminating the option to pay over the ...
As mentioned in our prior post, numerous benefit plan-related deadlines were extended by the DOL when it declared a National Emergency due to COVID-19 in March, 2020. By law, the National Emergency continues until: (1) emergency is not continued by the president; (2) the president terminates it; or (3) a joint resolution of Congress terminates ...