Tax & Current Accounting Topics

IRS provides guidance on legislation that increases automatic enrollment cap percentage


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IRS provides guidance on legislation that increases automatic enrollment cap percentage and eases burdens for certain safe harbor plan https://www.irs.gov/newsroom/irs-prov... 

https://accountinginstruction.info/

The Internal Revenue Service today issued Notice 2020-86 PDF addressing certain provisions of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) affecting safe harbor plans, including safe harbor 401(k) plans and certain 403(b) plans.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele