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You May Even Get a Vaccine Before Needing to go to the Notary; the IRS Has Extended Remote Witnessing of Participant Elections

USA - January 5 2021 The IRS has extended the remote notarization relief that gives plans and participants greater flexibility for participant elections…

Irine Sorser.

Plop, Plop, Fizz, Fizz - Relief For Safe Harbor Plans Reducing or Suspending Contributions in 2020

USA - July 6 2020 Seyfarth Synopsis: Due to the significant economic impact of COVID-19 on businesses, many plan sponsors would like to reduce or suspend contributions…

Benjamin F. Spater.

I’m Ready for My Close-Up, Mr. DeMille; the IRS Now Permits Remote Witnessing of Participant Elections

USA - June 5 2020 Seyfarth Synopsis: In response to immediate requests from participants for tax-favored coronavirus-related distributions (“CV Distributions”) and…

Irine Sorser, Sarah J. Touzalin.