On May 23, 2019, the House of Representatives have passed H.R. 1994, known as the SECURE Act, a bill that aims to improve the nation’s retirement savings, moving it a ...
On March 29, 2019 new IRA legislation was introduced, The Setting Every Community up for Retirement Enhancement (SECURE) Act of 2019. The legislation was approved by committee on April 2, ...
The IRS posted updated versions of Form 1099-R (Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.), Form 5498 (IRA Contribution Information), and updated instructions for these ...
The IRS posted updated Publication 590-A for Contributions to Individual Retirement Arrangements (IRAs). This publication provides guidance for taxpayers on IRA contributions to prepare their 2018 tax returns. Link to ...
The IRS posted the 2018 Instructions Forms 1099-R and the Form 5498, IRA Contributions Information, which made modifications to the following: Box 13a that was previously labeled “Postponed contribution” has ...