Two options. Effective Jan. 1, 2025, the Form 5558 can be filed electronically through EFAST2 or it can be filed on paper and mailed to: Department of the Treasury, Internal Revenue Service Center, ...

In March, funding EBSA received to implement the No Surprises Act will run out. Lisa Gomez, the former head of EBSA, says “work attributable to 120 people will be lost, either by it not being done, or ...

It could take a year or longer to fully implement the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), says the Social Security Administration (SSA). The SSA has ...

The White House on Jan. 29 rescinded the OMB memo concerning the sweeping federal funding freeze announced just two days before. It is possible that the PBGC's Special Financial Assistance Program ...

As Treasury Secretary and one of Trump’s top economic advisers, Bessent will be responsible for helping to implement his economic policy agenda, including efforts to impose broad-based tariffs and ...

Hope you all had a wonderful holiday season and 2025 is starting out great! New Year’s falling mid-week had my clients on full blast ready to go the following Monday. I give my quarterly thanks to ...

As I conclude my term as ASEA President, I want to express my gratitude for the opportunity to serve in this capacity. And to provide insight into the future direction of ASEA, I sat down with ...

In 2023, for the years ending Dec. 31, 2023 and 2022, $14,976,321 and $12,952,282, respectively, of the forfeited amounts were used to reduce the Contributing Employer's Matching Contributions and/or ...

This article examines selecting the applicable month that determines the segment rates utilized in actuarial valuations to value 404 (o) funding targets and target normal costs. The insights presented ...

The raising of interest rates for the general population does not dampen inflation but only adds to it.

Benefit plans, participants, and beneficiaries received more than $1 billion due to recoveries the Department of Labor’s Employee Benefits Security Administration (EBSA) made in fiscal year 2024. More ...