IRS

While the finalized regulation makes health reimbursement arrangements more accessible, employers should still continue to boost healthcare literacy, experts say.

Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.

New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.

Retirement plans may decline to offer delayed RMDs, plan loans, stretch and hardship distributions and a host of other legally sanctioned tax maneuvers.

An IRS notice, still in development, could allow companies to avoid penalties by reimbursing employees for a portion of the cost of individual insurance coverage through an employer-sponsored HRA.

Employers, time to brush up on — and tell employees about — caps set by the IRS for the coming year.

Employers, time to brush up on — and tell employees about — caps set by the IRS.

From Amazon, Berkshire Hathaway and JPMorgan Chase’s new healthcare venture to the IRS clearing the way for a student loan benefit tied to 401(k)s, here are some events that shook up the industry in the past year.

The agency announced a $50 increase in 2019 — though the news comes too late in the enrollment process for many employers, employees.

Clients should turn to their own timeline before making any changes to their portfolio during a market correction.

Beginning in January, employees can save up to $19,000 in their 401(k)s, up from $18,500.

The agency’s recent private letter ruling tying student loan repayments to a 401(k) isn’t the same as definitive IRS guidance. But employers can take a number of steps in the meantime.

The agency’s recent private letter ruling tying student loan repayments to a 401(k) isn’t the same as definitive IRS guidance. But employers can take a number of steps in the meantime.

The model notice that employers must provide before participants receive an “eligible rollover distribution” from a qualified 401(a), a 403(b), or 457(b) plan has changed.

The IRS is expected to release guidance saying that business meals will continue to be 50% deductible.

Investors have an average of 25 funds to choose from in their 401(k) plans, but some financial advisors suggest that the best approach is to pick a small number of very broad funds.

Other groups, such as those who used to itemize tax deductions but will now use the high standard deduction, are also advised to check their withholding taxes.

These loans can be a good option in some cases, but they're not a cheap way to borrow money so senior citizens with good credit may have cheaper alternatives.

Waiting until your 70th birthday is the much-discussed strategy to maximize benefits. But in some circumstances, you won't miss out if you file earlier.

Even though the program was created by a large multinational corporation, companies of all sizes could utilize this approach.