IRS helps employers wanting to rehire retirees or retain employees after retirement age

COVID relief: IRS helps employers wanting to rehire retirees or retain employees after retirement age  https://www.irs.gov/newsroom/covid-re...  https://accountinginstruction.info/ To help address COVID-related labor shortages, the Internal Revenue Service today reminded employers that they generally will not jeopardize the tax status of their pension plans if they rehire retirees or permit distributions of retirement benefits to current employees who have reached age 59 ½ or the plan's normal retirement age.