COVID-19 Relief Available for Retirement Plans and IRAs Required minimum distributions are waived in 2020. Distributions related to coronavirus: Are not subject to the 10% early distribution tax Can be included in income over 3 years Can be repaid over 3 years. Plan loan limits and repayments may be extended. Get details on coronavirus relief for retirement plans and IRAs. Information for Individuals Retirement Planning Saving for retirement When you retire Types of Retirement Plans Contributions & Withdrawals Contribution limits Required minimum distributions (RMD) Calculating RMDs Hardship, early withdrawals, loans Tax on early withdrawals Rollovers and conversions Retirement Plan Administration Choosing Your Plan Choosing a retirement plan Individual Retirement Arrangements (IRAs) Retirement plans for self-employed people Retirement Plans for Small Entities and Self-employed Maintaining Your Plan Correcting plan errors General retirement plan operation and maintenance Apply for a determination letter Amend or update a plan Interest rate tables Actuarial tables Terminating a plan Resources for benefits practitioners Filing and Reporting Requirements Forms and publications Reporting and disclosure requirements Form 5500 Corner Form 8955-SSA Resources Form 5330 Corner Reporting IRA and retirement plan transactions About Us About Employee Plans Tax Exempt & Government Entities Division At-a-Glance Taxpayer Bill of Rights News TE/GE FY 2020 Accomplishments Letter TE/GE Compliance Program and Priorities Small Employer Retirement Plans During Economic Downturns Announcement 2020-14 – Changes to User Fees (PDF) Coronavirus Tax Relief and Economic Impact Payments Deadlines Extended – 403(b) and DB Plans Required Minimum Distributions for 2019 & 2020 Missing Participants and Beneficiaries and Required Minimum Distributions Notice 2020-3, Interim Guidance -Withholding from Retirement & Annuity Distributions (PDF) 2020 retirement plan IRA limit Expanded Self Correction Program - EPCRS Rev. Proc. 2019-19 Third Six-Year RAP - Pre-Approved DB Plans – RP 2020-10 (PDF) Operational Compliance List Required Amendments List EP Issue Snapshots Newsletters
