Internal Revenue Service (IRS) Content

The Investment Company Institute filed a supplemental joint comment letter to the Internal Revenue Service in response to the information collection renewal request for Form 5304-SIMPLE, Form 5305-SIMPLE, and Notice 98-4 (OMB Control No. 1454-1502). Read more in the comment letter.

The Investment Company Institute submitted a letter to the Internal Revenue Service on Form 8613, the excise tax return for regulated investment companies, in response to the IRS's request for comments. Read more in the comment letter.

The Investment Company Institute submitted a comment letter to the Treasury Department and the Internal Revenue Service in support of the proposed regulations relating to automatic enrollment requirements that apply to certain retirement plans. Read more in the comment letter.

ICI submitted a joint comment letter to the Treasury Department and Internal Revenue Service, requesting an extension to the deadline for responses to the Savers Match Contribution Notice. Read more in the comment letter.

The Investment Company Institute submitted a letter to the Treasury Department and Internal Revenue Service providing views on Notice 2024-65 as they work to draft rules and processes to support and administer Saver’s Match contributions pursuant to sections 103 and 104 of the SECURE...

The Investment Company Institute submitted a comment letter to the IRS and Treasury, responding to a request for comments on IRS Notice 2024-55, which provides guidance as to certain exceptions to the 10 percent additional tax under Code section 72(t) pursuant to the SECURE 2.0 Act...

The Investment Company Institute sent a comment letter to the IRS and Treasury, responding to the notice of proposed rulemaking that would amend the regulations governing required minimum distributions from retirement plans and IRAs to reflect changes made by the SECURE 2.0 Act. Read...

On February 20, 2024, ICI submitted a comment letter to the Internal Revenue Service (IRS) in response to Notice 2024-2, the long awaited "grab bag" guidance on various issues related to the SECURE 2.0 Act changes to the Internal Revenue Code (the "Code"). The Notice, in Q&A format...

On August 23, 2023, ICI submitted a comment letter (Letter) to the IRS and Treasury addressing SECURE 2.0 Act section 305, which amends the Employee Plans Compliance Resolution System (EPCRS), and IRS Notice 2023-43, which provides interim guidance under section 305. The Letter, which...

The Investment Company Institute writes to request immediate guidance and relief relating to certain changes to the Internal Revenue Code (“Code”) enacted under the Consolidated Appropriations Act, 2023 (CAA). As you know, the CAA (signed by the President on December 29, 2022)...