defined benefit plan

PBGC Announces Changes to e-Filing Portal

The Pension Benefit Guaranty Corporation has indicated they will launch a new and improved e-Filing Portal on February 1, 2024.

FuturePlan ERISA Team

DOL

Defined Benefit Plan

Defined Contribution Plan

PBGC Issues Comprehensive Premium Filing Instructions for 2024 Plan Years

The Department of Labor’s Pension Benefits Guaranty Corporation has issued the 2024 plan year version of its Comprehensive Premium Filing Instructions.

FuturePlan ERISA Team

DOL

Defined Benefit Plan

Defined Contribution Plan

Roth IRA Rollover Proposal Introduced in House

Representatives Darin LaHood (R-IL), and Linda Sanchez (D-CA) have introduced H.R. 6757.

FuturePlan ERISA Team

Legislative updates

IRA

Defined Contribution Plan

Defined Benefit Plan

Retirement Plan Disaster Assistance May Be Available for Utah Flooding

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on December 23, 2023, for Utah flooding. 

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

Defined Benefit Plan

IRS Announces Deadline Relief for Tennessee Storms and Tornadoes

The IRS has announced the postponement of certain tax-related deadlines for victims of Tennessee storms and tornadoes. 

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

Defined Benefit Plan

IRS Provides 2024 Covered Compensation Tables Used in DB Plans

The IRS has issued Revenue Ruling 2024-1, containing the covered compensation tables for the 2024 plan year.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Updated Yield Curves and Segment Rates for DB Plans

The IRS has issued Notice 2024-04, which contains updated guidance on factors used in certain DB pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Retirement Plan Disaster Assistance May Be Available for Tennessee Severe Storms

The Federal Emergency Management Agency issued a disaster declaration on December 13, 2023, for Tennessee severe storms and tornadoes, for the incident period of December 9, 2023.

FuturePlan ERISA Team

Defined Contribution Plan

Defined Benefit Plan

IRA

IRS

IRS Guidance

DOL Issues Final Rule Updating Davis-Bacon Regulations

The Department of Labor has issued a final rule updating the Davis-Bacon Act and the Davis-Bacon Related Acts nearly 40 years after the Department last completed a comprehensive revision of the guidelines.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

Washington Pulse

Prevailing Wage

Deadline Relief for Virgin Islands Water Supply

The Internal Revenue Service has announced the postponement of certain tax-related deadlines for victims of taxpayers impacted by elevated levels of lead and copper in water supply in Saint Croix, US Virgin Islands.

FuturePlan ERISA Team

IRS

Defined Contribution Plan

Defined Benefit Plan

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