Notice 2009-66 Archives - Vision Payroll

IRS Releases Notice 2009-66 on Automatic Enrollment in SIMPLE IRAs

The Internal Revenue Service (IRS) recently released Notice 2009-66, Automatic Enrollment in SIMPLE IRAs. Notice 2009-66, in question-and-answer format, provides rules for employers that maintain SIMPLE IRA plans. It confirms that SIMPLE IRAs may do the following:...

Tip of the Week: Treasury Department Issues Guidance on Changes to Retirement Plans

The Treasury Department recently released the following statement by Treasury Secretary Tim Geithner: “[Recently], the Administration announced steps we are taking to make it easier for working families to save, particularly for retirement. Working Americans should be...