The IRS has issued new guidance to simplify and standardize retirement account rollovers for both participants and plan sponsors, as required under the SECURE 2.0 Act of 2022. Notice 2026-49 provides optional sample forms and proposed procedures for rollovers between retirement plans or between a retirement plan and an IRA. The guidance doesn’t apply to IRA- to-IRA transfers. The forms are designed to protect personal information and reduce the burden on participants while making the process easier for plan sponsors. The use of the sample forms and procedures is optional. The deadline for public comment is Oct. 23, 2026. We’re here if you need assistance.
