Reed Smith Client Alerts

The Internal Revenue Service (IRS), Department of Labor (DOL), and Pension Benefit Guaranty Corporation (PBGC) have issued compliance guidance and a new law has been enacted providing employee benefits-related relief for individuals and businesses affected by Hurricanes Harvey, Irma, and Maria.

Authors: John D. Martini Lori M. Atkin Nicole F. Martini

Type: Client Alerts

I. Disaster Tax Relief and Airport and Airway Extension Act of 201

On September 29, 2017, the President signed H.R. 3823 (the “Act”) into law. The Act provides tax relief related to retirement plan withdrawals by individuals affected by Hurricanes Harvey, Irma, and Maria.