Elizabeth Thomas Dold

Jan 14, 2025 | mondaq.com | Kimberly Boberg |Elizabeth Thomas Dold |Louis Mazawey

GG Groom Law Group More Groom Law is the nation’s preeminent benefits, retirement, and health care law firm. We built our success over decades of solving complex ERISA/employee benefits challenges in the public and private sectors, providing innovative legal solutions, value, and true partnership to our clients every step of the way.

Jan 9, 2025 | jdsupra.com | Kimberly Boberg |Elizabeth Thomas Dold |Louis Mazawey

Last year, the IRS issued its long-anticipated final (and newly proposed) regulations to address SECURE 1.0 and 2.0 Act changes to the required minimum distribution (“RMD”) rules (Code section 401(a)(9)). The 2024 proposed regulations addressed a number of important changes made under SECURE 2.0, and were scheduled to become effective at the same time as the final regulations – generally January 1, 2025. Recently, the IRS Announcement 2025-2 (Dec.

Jan 8, 2025 | mondaq.com | Elizabeth Thomas Dold |Kimberly Boberg |Louis Mazawey

A number of years ago, the IRS created the"Required Amendments" ("RA") List to help plansponsors keep track of changes they need to make to their qualifiedplans and by what deadline. More recently, the IRS expanded thelist to include amendments to 403(b) plans and interim amendmentsto pre-approved plans. The basic principle of the RA list is to identify changes thatplans must make and to set a deadline for doing so.

Nov 20, 2024 | jdsupra.com | Elizabeth Thomas Dold |Louis Mazawey

The IRS recently issued final regulations under Code section 3405 regarding proper elections out of federal income tax withholding for certain qualified plan payments that are not eligible rollover distributions. (89 Fed. Reg. 84079 (Oct. 21, 2024)). Specifically, this guidance is focused on payments made outside the United States. As explained below, they represent the closing chapter in an area IRS has been working on for over 35 years.

Nov 20, 2024 | mondaq.com | Elizabeth Thomas Dold |Louis Mazawey

GG Groom Law Group More Groom Law is the nation’s preeminent benefits, retirement, and health care law firm. We built our success over decades of solving complex ERISA/employee benefits challenges in the public and private sectors, providing innovative legal solutions, value, and true partnership to our clients every step of the way.