Featured Jobs
|
Spectrum Pension Consultants (part of Daybright Financial)
|
|
BPAS
|
|
3(16) Retirement Plan & Customer Liaison Compass
|
|
Participant Services & Operations Coordinator Pentegra
|
|
Retirement Plan Administrator (Part-Time) Accelefund, Inc.
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
Search the News Archive
|
5 Matching News Items |
| 1. |
Convergent Retirement Plan Solutions, LLC
Dec. 18, 2025
"With the release dates of December 11th and December 17th respectively, all changes made to the 2026 Forms W-4P must be incorporated in substitute forms by no later than January 10, 2026, and the changes made to the 2026 Form W-4R must be incorporated in substitute forms by no later than January 16, 2026."
|
| 2. |
Convergent Retirement Plan Solutions, LLC
Apr. 17, 2024
"[Notice 2024-35 provides] exemption from the excess accumulation penalty for [1] beneficiaries who are subject to the 10-Year Rule in scenarios where an IRA owner and plan participant dies on/after their required beginning date in 2020, 2021, 2022 and 2023, and [2] successor beneficiaries who are required to take annual distributions in addition to depleting the account with 10 years following the death of the Eligible Designated Beneficiary. The relief is applicable to beneficiary RMDs for calendar years 2021, 2022, 2023 and 2024."
|
| 3. |
Convergent Retirement Plan Solutions, LLC
July 17, 2023
"The relief provided in Notice 2023-54 relates both the required distribution changes brought about by the SECURE Act of 2019 as well as the most recent change in RMD starting age brought about by SECURE Act 2.0.... Recognizing that many providers were unable to adjust their systems and administrative procedures in time to reflect this change, the IRS is providing several forms of relief for distributions involving IRA owners and plan participants who turned age 72 in 2023."
|
| 4. |
Convergent Retirement Plan Solutions, LLC
Dec. 18, 2024
"The marginal tax rate tables and examples in Form W-4R have been updated to include inflation adjustments for 2025. ... Updates to Form W-4P include updates to the deduction worksheet for inflation adjustments for 2025."
|
| 5. |
Convergent Retirement Plan Solutions, LLC
Mar. 7, 2023
"[Notice 2023-23 provides that] the IRS will not consider an RMD statement provided to an IRA owner who will attain age 72 in 2023 to have been provided incorrectly if the IRA owner is notified by the IRA provider no later than April 28, 2023, that no RMD is actually required for 2023. The notice further states that when Form 5498 is filed for IRA owners who were born in 1951, Box 11 should not be checked."
|
|
Syntax Enhancements for Standard Searches
|