Tag: employee_plans_compliance_resolution_system

Treasury and IRS Overhaul Retirement Plan Correction Rules and Launch New IRA Program

22 Oct 2026 2:20 p.m.

Treasury and IRS issue two revenue procedures updating the employee plans correction program and creating a new IRA correction system, with the IRA program effective May 1, 2027.

Politics and Government Business Federal Government Economy Legal Internal Revenue Service Department of the Treasury Individual Retirement Accounts Employee Plans Compliance Resolution System IRA Compliance Resolution System SECURE 2.0 Act Retirement Planning
Treasury and IRS Overhaul Retirement Plan Fixes, Launch New IRA Correction Program

22 Oct 2026 2:19 p.m.

Treasury and IRS issue two revenue procedures updating the employee plans correction program and creating a new IRA correction system, with the IRA program effective May 1, 2027.

Politics and Government Business Federal Government Economy Legal Banking Internal Revenue Service Department of the Treasury Individual Retirement Accounts Employee Plans Compliance Resolution System IRA Compliance Resolution System SECURE 2.0 Act Retirement Planning