Last week the Treasury Department and IRS issued Notice 2019-49 which extends nondiscrimination relief for closed defined benefit plans which was originally provided in Notice 2014-5.
This afternoon, Chairman Grassley (R-IA) and Ranking Member Wyden (D-OR) introduced the Retirement Enhancement and Savings Act in the Senate
We have heard that the House Ways and Means Committee is holding a mark-up of the Retirement Enhancement and Savings Act on Tuesday, April 5.
The undersigned organizations support H.R. 1962/S. 852, companion bills introduced by Representative Pat Tiberi (R-OH), Ranking Member Richie Neal (D-MA), Senators Rob Portman (R-OH) and Ben Cardin (D-MD), to amend the nondiscrimination provisions of the Internal Revenue Code of 1986 to protect older, longer service participants in employer-sponsored pension plans
As Senior Vice President for Retirement Policy at The ERISA Industry Committee (ERIC) and a political enthusiast, I have closely followed this election cycle and was surprised at the lack of focus on retirement policy, including Social Security, throughout the Presidential, Senate, and Congressional races