irs guidance

Retirement Plan Disaster Assistance May Be Available for Oklahoma Severe Storm Victims

The Federal Emergency Management Agency issued a disaster declaration on April 30, 2024, for Oklahoma Severe Storms.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for Kansas Winter Storm

The Federal Emergency Management Agency issued a disaster declaration on April 28, 2024, for a Kansas Winter Storm, for the incident period of January 8, 2024 – January 16, 2024.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for Washington Storms

The Federal Emergency Management Agency issued a disaster declaration on April 28, 2024, for Washington severe winter storms, straight-line winds, flooding, landslides, and mudslides.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Disaster Assistance May Be Available for California Severe Winter Storm

The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for California severe winter storm.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Disaster Assistance May Be Available for California Severe Storms and Flooding

The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for California severe storms and flooding.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Disaster Assistance May Be Available for New Hampshire Severe Storms and Flooding

The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for New Hampshire severe storms and flooding.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for Vermont Severe Winter Storm

The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for a Vermont severe winter storm.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

DOL Amendment to Abandoned Plan Program Has Left OMB

Department of Labor guidance titled “Amendment of Abandoned Plan Program” that has been with the Office of Management and Budget since last July, has left OMB.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRS

IRS Guidance

How IRS Notice 2024-35 Affects Beneficiaries

IRS Notice 2024-35 states that final RMD regulations, when released, are anticipated to apply no earlier than the 2025 distribution calendar year.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRA

IRS

IRS Guidance

IRS Announces Applicable Federal Rates for May

The IRS has issued Revenue Ruling 2024-09, which contains the applicable federal rates (AFR) for May 2024.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

IRA

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