Chester County News and Community Website
BERWYN, PA — Venture capital firm Magis Capital Partners announced recently the launch of Sallus Retirement LLC, an independent professional fiduciary and retirement Pooled Plan Provider (PPP).
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WASHINGTON, D.C. — The Internal Revenue Service recently shared how corporations may qualify for the new 100% limit for disaster relief contributions and offered a temporary waiver of the recordkeeping …
Read MoreWASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service have issued guidance for employers and employees with terminating 403(b) plans that fund benefits through 403(b)(7) custodial …
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WASHINGTON, D.C. — The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2021 in Notice 2020-79, posted this week …
Read More WASHINGTON, D.C. — The Internal Revenue Service is reminding IRA owners, beneficiaries or workplace retirement plan participants who received a Required Minimum Distribution (RMD) this year that they have until …
Read MoreWASHINGTON, D.C. — The Internal Revenue Service is providing a reminder that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable …
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WASHINGTON, D.C. — The Internal Revenue Service is reminding seniors and retirees that they are not required to take money out of their IRAs and workplace retirement plans this year.
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WASHINGTON, D.C. — The U.S. Department of Labor announced a proposed rule that would update and clarify the Department of Labor’s investment duties regulation. The rule is intended to provide …
Read MoreWASHINGTON, D.C. — The Internal Revenue Service announced that anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts now has the opportunity to roll …
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Beginning on January 1, 2020, after nearly three years, the Setting Every Community Up for Retirement Enhancement (SECURE) Act became effective. The bill impacts how money is saved for retirement …
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