IRS updates guidance for retirement plans

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IRS updates guidance for retirement plans

The Internal Revenue Service recently released three pieces of guidance for retirement plans, reducing a user fee, modifying its policy on issuing opinion and advisory letters, and changing the pre-approved program for cash balance plans. Revenue Procedure 2018-19, which the IRS issued last month,
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Nintendo Goes Back to Cardboard Roots to Broaden Switch's Appeal

Bloomberg reported last week that Osaka-based Rengo Co. is a key supplier for the cardboard gadget, fueling a brief rally in the company's shares. Still, that optimism hasn't been reflected in Nintendo's shares, which have underperformed the Nikkei 225 Index by 10 percent in the past month. “Nintendo
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Another HR Startup Ousts Its CEO Over Misconduct Claims

Human-resources software startup Namely Inc. is searching for a new leader following the abrupt departure of Chief Executive Officer Matt Straz.
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'Fighting Very Diligently' for 3 Americans Held by North Korea

Two others are scholars — one studies accounting, the other agriculture — who taught at a prestigious science and technology university before they were arrested in 2017 on suspicion of “hostile acts.” All three are Korean-American men who have been held in North Korea. They share a common
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Texas city reveals why it lost Amazon HQ2 bid

When Amazon representatives came to visit Arlington, Texas, in February, the company was intrigued by the city's potential to host its second headquarters.
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