Posts Categorized: Retiree Benefits

IRS, PBGC and DOL Provide Additional Hurricane Relief

in Qualified Plans, Retiree Benefits, Retirement Plans, Welfare Benefits

By: Sterling Perkinson and Harrison Taylor The IRS issued an announcement paralleling the relief granted to Hurricane Harvey victims to those in Florida affected by Hurricane Irma.  Announcement 2017-13 (the “Announcement”) relaxes hardship distribution standards for employees who live or work in a Florida county designated by FEMA to receive funds on account of Hurricane Irma, or who have family, such as parents, grandparents, children or grandchildren or dependents with a principal residence in an affected county. The full list of affected Florida counties can be found here. See our prior blog post on Hurricane Harvey – found here –… Continue Reading