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Ed Frado Law Blog: Latest Updates and Industry News

2020 Retirement Plan Limits Announced:

On November 6, 2019, via Notice 2019-59, the IRS announced the effect of cost-of-living adjustments on certain 2020 dollar limits for various retirement…
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Year-End Reminders for Qualified Defined Contribution Plans:

As the end of 2019 quickly approaches, retirement plan sponsors should promptly consider several important potential tasks. Examples include the following: December 1…
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DOL Issues Proposed Regulations Addressing Electronic Delivery of Certain Participant Disclosures:

On October 23, 2019, the DOL published eagerly-awaited guidance. The guidance, in the form of a proposed regulation, deals with an area that…
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IRS Publishes Final Regulations Regarding Hardship Distributions:

On September 23, 2019, the IRS published final regulations governing financial hardship distributions from 401(k) plans and 403(b) plans. As background, while a…
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DOL Issues Final Regulations Affecting Overtime Payment Requirements:

On September 27, 2019, the DOL published final regulations that increase the salary thresholds used to determine if executive employees, administrative employees, and…
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IRS Publishes Guidance Regarding Un-Cashed Distribution Checks:

On August 14, 2019, the IRS published Revenue Ruling 2019-19 (the “Ruling”). Under the Ruling’s hypothetical facts, an employer sponsors a tax-qualified retirement…
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