The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
Andrea Bailey Powers is a shareholder in the Birmingham office of Baker Donelson and a member of the firm’s Employee Benefits & Executive Compensation practice. She can be reached at [email protected].
Last month, the Treasury Department and the IRS issued joint final regulations, answering many looming questions after the proposed regulations were issued.
With the passage of this landmark legislation, significant administrative guidance on changes to retirement plans will be forthcoming from the IRS and the DOL, but here is a preliminary summary of the most relevant changes.