Topic: Regulatory Updates

IRS Launches Pre-Examination Compliance Pilot Program

The IRS recently announced a new 90-day pre-examination compliance pilot program for retirement plans. It is intended to ensure compliance with plan document and operational requirements under current tax law, giving plan sponsors an opportunity to self-correct issues in advance of a potential IRS plan review.

The Latest on SECURE Act 2.0

A look at the retirement plan provisions featured in the proposed legislation known as the SECURE Act 2.0. 

401(k) Nondiscrimination Testing: Balancing a Top Heavy Determination

A top-heavy determination can cast a bigger shadow than it should for those who may not be aware of the rules surrounding this nondiscrimination test for qualified retirement plans. Here's how you can help employers better understand top-heavy rules.

How the 2022 Cost of Living Increases May Impact Your Retirement Plan

Administering a retirement plan in compliance with the tax laws can be challenging. There are many rules that govern retirement plan operations. Some are tied to the contribution and compensation dollar limit. It’s important to be aware of these limits and how they interact, so you understand when additional employer contributions may be required or a plan design change may help your plan pass nondiscrimination tests. 

2022 IRS Plan Limits

The IRS announced its cost-of-living adjustments (COLA) for 2022. These limits are important for both tax-qualified retirement plans as well as many non-qualified plans.

Legislative Update: More Changes May be Coming for Retirement Plans

The SECURE Act, passed into law during the last few days of 2019, was designed to make retirement plans more accessible to employees and less cumbersome for employers to sponsor and administer. The full impact of many of these changes has yet to be measured, but legislators are forging ahead with more proposals intended to help American workers’ save for retirement. 

DOL Guidelines for Retirement Plan Data Safety

Newport's experts outline the latest cybersecurity guidelines from the Department of Labor, best practices for advisors, plan sponsors and plan participants as well as our ongoing protocols to keep your plan data safe.

Is Your Plan Surviving the Pandemic?

New tax laws and IRS guidance combined with changing conditions for many participants require plan sponsors to manage their plan in new ways. Every day, Newport is providing guidance to plan sponsors and their advisors who may be facing challenges.

2021 IRS Plan Limits

Each year, the Internal Revenue Service publishes updated dollar limitations for tax-qualified defined benefit and defined contribution plans. The limits are important for tax-qualified plans, as well as many non-qualified plans.

The CARES Act Effect on Retirement Plans 

Plan Sponsor and Advisor Webinar
April 8, 2020

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