News

JD Supra1d

IRS Clarifies that Failure to Cash Checks Does Not Affect Withholding or Reporting

Revenue Ruling 2025‑15 (available here) provides guidance on withholding and reporting obligations when a plan participant or ...

Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in June

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly ...
JD Supra4d

IRS Issues Guidance on Uncashed Retirement Plan Checks

The IRS has released Revenue Ruling 2025-15, which clarifies the federal tax withholding and reporting responsibilities of retirement ...

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.125 Per Share for August

First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.125 per share payable on ...
PLANADVISER1d

IRS Clarifies Tax Rules for Uncashed Retirement Plan Distribution Checks

The guidance aims to standardize treatment and improve compliance regarding retirement distributions that are not immediately cashed by recipients.
TMCnet1d

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for August

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share ...
National Association of Plan Advisors5d

IRS Addresses Treatment of Uncashed Retirement Plan Distribution Checks

The IRS on July 16 issued guidance on withholding and reporting concerning uncashed retirement plan distribution checks. The guidance came in Revenue Ruling (Rev. Rul.) 2025-15.
TMCnet5d

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for August

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on August 15, 2025, to ...

Voya Equity Closed End Funds Declare Distributions

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the ...

NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Availability of Section 19(a) Notice for July 2025

NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the availability of the Section 19(a) notice for July 2025. The Fund’s current annualized distribution ...

A Financial Planner's Prescription for the Headache of Multiple Retirement Accounts

Having a bunch of retirement accounts can cause unnecessary complications. Consolidation can make it easier to manage your ...

Pennantpark Investment Corporation Announces Monthly Distributions Of $0.08 Per Share

PennantPark Investment Corporation is a business development company which primarily invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, ...