Peter C. Langdon

In its newly released 2023 edition, The Best Lawyers in America® has recognized 44 McGrath North attorneys in the full range of specialty practice areas key to supporting businesses of all sizes across a broad range of industries, and 28 attorneys have been recognized for 10 years or more.  Of these attorneys recognized based on peer-review surveys, seven were named “Lawyer of the Year.” This honor is awarded to only one attorney with the highest overall peer-feedback for a specific practice area and geographic location.  

McGrath North is sponsoring and conducting our 14th Annual Seminar for Accounting Professionals in Omaha, Nebraska.  

McGrath North is sponsoring and conducting our Thirteenth Annual Seminar for Accounting Professionals in Omaha, Nebraska.  The seminar will focus on a variety of topics such as: You’re Collecting Sensitive Personal And Financial Data From Your U.S. Clients: Are You Doing What Is Required To Protect It?; Help Your Consumer Products Clients Save Time and Money; Structuring and Implementing Buy-Sell Agreements; New Section 199A: All the Highlights; My Meme is Better than Yours: Internet IP Considerations; Labor and Employment Law Under Trump: Where are We and Where are We Headed?; The State Tax Anatomy Series—Wayfair Meets the Tax Defense Team; and Employee Benefits Annual Review.  

The Setting Every Community Up for Retirement Act 2.0 or the SECURE Act 2.0 brings a variety of new retirement plan requirements and options to plan sponsors. Among the SECURE Act 2.0 provisions are several new minimum distribution rules and distribution options. This article focuses on the new distribution options offered through the SECURE Act 2.0 that plan sponsors should consider offering to plan participants as the different options become available. The new distribution events generally apply to account based defined contribution plans, such as 401(k) plans. However, the new minimum required distribution age and cash-out rules apply to all qualified plans.  

Making several changes, the IRS has released the 2023 cost-of-living adjustments applicable to the dollar limits and thresholds for retirement plans and health and welfare benefit plans. Plan sponsors should update their systems and formulas to include the limits that have been adjusted.