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Review exceptions to the 10% additional tax on early retirement plan distributions. 

Correct Your Retirement Plan Errors

IR-2024-232, Sept. 5, 2024 — The Department of the Treasury and the Internal Revenue Service today issued a notice requesting comments on Saver’s Match contributions to be paid by Treasury under the SECURE 2.0 Act of 2022.

Retirement plans are generally required by law to send out notices to plan participants, and file certain forms and reports with the IRS and the Department of Labor (DOL), depending on a plan's type, size, and circumstances.

Publication 560 discusses retirement plans you can set up and maintain for yourself and your employees. This publication discusses retirement plans you can set up and maintain for yourself and your employees.

Payroll Deduction IRAs, SARSEPs, SEPs, and SIMPLE IRA Plans are "No Fuss" plans that range from those with little employer involvement to those that the employer establishes and funds.

Retirement tips for employers thinking about adopting a retirement plan and employers with retirement plans.

You owe taxes and penalties because you didn't take out the required minimum amount from your individual retirement arrangement (IRA), or you put into a tax-sheltered account more than you can legally.

IR-2021-245, December 8, 2021 — The IRS today reminded retirement plan participants and individual retirement account owners that payments, called required minimum distributions, must usually be taken by December 31.

General description of the IRS Voluntary Correction Program (VCP) for retirement plans.