Morgan Lewis associates Hengyang “Yongo” Ding and Gaeun “Gena” Yoo authored a Bloomberg Tax article about the US Internal Revenue Service’s (IRS’s) final regulations on qualified plan loan offset (QPLO) amounts applicable under 401(k) plans, other qualified 401(a) retirement plans, and 403(a) and 403(b) annuities (collectively, qualified employer plans). In the article, they discuss key takeaways for recordkeepers and administrators of qualified employer plans, including the extended rollover period, Form 1099-R reporting, and interactions with the 2020 RMD waiver.