Archived Insight | October 30, 2017

IRS Releases Guidance for Plans Undergoing IRS Plan Audits

On October 27, 2017, the Internal Revenue Service (IRS) publicly released guidance, previously provided to its Employee Plan auditors, establishing the criteria that the auditors should use to determine if a plan under audit has a qualification issue when required minimum distributions (RMDs) under Section 401(a)(9) of the Internal Revenue Code have not been timely paid to missing participants.

Questions about the topic?

We're here to help. Get in touch. 

Speak with Us

See more insights

Businessman Working With Laptop While Sitting In Office

Treasury Proposes Rule on Automatic Enrollment

Sponsors of "new" 401(k) and 403(b) plans: Learn about this guidance so you can decide whether to comment by the March 17, 2025 deadline.

Compliance, Retirement, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

Read Full Insight

Pregnant Businesswoman Writing On A Blackboard

2025 PBGC Premium Filing Is Due One Month Earlier

See the new filing date based on your plan year start date.

Retirement, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction

Read Full Insight

Children With Grandfather Having Fun On A Winter Day

Social Security Benefits Will Rise for Some Retirees

Sponsors of Public Sector Plans: Learn About the Implications of the Social Security Fairness Act of 2024

Compliance, Retirement, Public Sector

Read Full Insight

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.