Groom: In Brief

In Notice 2026-13 (the “Notice”), IRS gives us an updated model 402(f) rollover notice for qualified plans (replacing Notice 2020-62)...

Each year, the IRS updates Revenue Procedures (Rev. Proc. 2026-1 through Rev. Proc. 2026-7) for policies and procedures applicable to...

A major benefit consulting firm recently announced that the funded status of the largest corporate pension plans significantly increased...

A new exception from the additional 10% tax for early distributions from defined contribution plans (including 403(b) and 457(b) plans)...

The IRS issued its annual Required Amendment List ("RAL"), Notice 2025-60, that provides the deadline for certain law changes that impact...

The IRS issued initial guidance regarding how Trump accounts work.  As a reminder, Trump accounts, created under the One Big Beautiful...

The IRS has resumed normal operations following the conclusion of the government shutdown.  The IRS has fully resumed processing:...

It is easy to make inadvertent math errors when filing tax returns. But these minor missteps could result in IRS adjustments and delayed...

On Friday, the Senate voted to advance Republican nominee Brittany Bull Panuccio to fill one of three open EEOC Commissioner seats with a...

Acting IRS Commissioner Scott Bessent and Assistant Treasury Secretary Ken Kies managed to release the 2025-26 Priority Guidance Plan,...

Last Friday, the Department of Labor ("DOL") released a plan for its operations in the event of a shutdown. The plan indicates that...

In a 52-47 vote, the U.S. Senate confirmed Daniel Aronowitz as assistant secretary to oversee DOL's Employee Benefits Security...