The IRS has provided updated guidance on federal tax withholding and reporting obligations for uncashed retirement plan distribution checks and any subsequent reissued payments. Revenue Ruling 2025-15 ...

Taxpayers can get a distribution from an applicable eligible retirement plan for personal or family emergency expenses, according to new guidance. Processing Content Notice 2024-55 provides guidance ...

A calendar to help plan fiduciaries track important due dates for their retirement plans, given annual updates and changes.

The IRS has answered some frequently asked questions (FAQs) related to distributions from retirement plans, IRAs, and retirement plan loans for individual taxpayers impacted by federally declared ...

After contributing money to your retirement plan for several years, you will eventually have to take out some of that money. These distributions can go toward living expenses, a new home or any other ...

Internal Revenue Code Section 72(t)(1) imposes a 10% additional tax on most distributions from retirement plans and individual retirement accounts before age 59 1/2. However, there are various ...

The IRS issued guidance on exceptions to the Sec. 72(t)(1) additional 10% tax on early distributions from retirement plans for emergency personal expense distributions and for domestic abuse victim ...

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form 1099-R ...