Kelsey Mayo

8 Important Changes in DOL’s Final Fiduciary Rule

By Kelsey Mayo 4/25/2024

The Department of Labor (DOL) released the Retirement Security Rule, informally known as the fiduciary rule, to great fanfare on Tuesday—including a press conference and White House ceremony. Now that it’s released, what changes does the final rule make to the proposed rule? Here are eight... READ MORE

Where Credit Is 'Due': Tax Credits for Small Employer Plans Under SECURE 2.0

By Kelsey Mayo 2/9/2023

While the original SECURE Act increased tax credits for small employer plans, SECURE 2.0 significantly increases the available tax credits—including some that could cover the costs of operating/administering a small plan for up to three years. Here is an overview of the small employer tax credits... READ MORE

Has the IRS Changed its Position on VCP-Triggered Audits?

By Kelsey Mayo 7/19/2021

We’ve heard concerns from a number of members lately that the IRS is planning to refer more VCP applicants for audit—and we have an update. More specifically, we’ve heard about situations that suggest that plan sponsors who submit Voluntary Correction Program applications might be referred for... READ MORE

You are here

Kelsey Mayo

Most Popular