Defined Contribution Plans

Summer 2023 Tax Deadline

You might be interested in an important compliance deadline coming up for defined contribution plans and a quick reminder about filing IRS Form 5500. October 16th - Extended deadline to file IRS Form 5500 to the Department of Labor (DOL) for plans with a December 31st...

Requirement to Provide Paper Statements in Certain Cases

Defined contribution plans will be required to send a paper benefit statement no less than once per year. (For ERISA-covered plans, the other three required quarterly statements can be delivered electronically.) For defined benefit plans, a paper benefit statement...

Defined Contribution Plan Consolidation Notices

The IRS and DOL are instructed to modify guidelines by 12/29/2024 to allow a defined contribution plan to consolidate certain required plan notices.Applicable plans: ERISA 401(k), and 403(b) plans

Tax Talk – What You Need to Know

Upcoming Compliance Deadlines for Defined Contribution Plans Reminders for Plan Participants   March 15 Employer contributions due to the retirement plan’s trust for S-corporations and partnerships with December 31 fiscal year-ends, in order to take deductions...