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Bipartisan Retirement Legislation Passes House Ways and Means Committee
Mercer Link to more items from this source
Apr. 5, 2019

"Key features affecting employer plans: Closed plan testing relief.... Open MEPs.... More time to retroactively adopt retirement plans.... Updating safe harbor DC plan rules.... Reduced PBGC premiums for CSEC plans.... Lifetime income encouraged in DC plans.... Converting 403(b) custodial accounts into IRAs.... Expanded coverage of part-time workers.... Penalty-free withdrawals for birth or adoption of a child.... Consolidated Form 5500 for similar plans.... Clarification of church plan requirements."

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