IRS Issues Yield Curves and Segment Rates for DB Plan Calculations
The IRS has issued Notice 2023-61, which contains updated guidance on defined benefit (DB) pension plan minimum funding and present value calculations.
Retirement Plan Disaster Assistance May Be Available for Mississippi
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 12, 2023, for Mississippi severe storms, straight-line winds, and tornadoes.
Retirement Plan Disaster Assistance May Be Available for Montana
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 12, 2023.
Retirement Plan Disaster Assistance May Be Available for New Jersey
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 11, 2023.
IRS to Focus on ESOP Compliance
The IRS indicates in a news release its intent to focus on a range of compliance issues that can be associated with Employee Stock Ownership Plans.
SEC Proposes Requirements for Use of Data Analytics
The Securities and Exchange Commission has released a proposed rule that would require broker-dealers and investment advisers to take certain steps to address conflicts of interest associated with use of predictive data analytics.
Updated Yield Curves and Segment Rates for DB Plans
The IRS has issued Notice 2023-53, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
IRS Issues Interim Guidance on Plan Corrections under SECURE 2.0 Act
The SECURE 2.0 Act of 2022, provisions affecting the Employee Plans Compliance Resolution System support the IRS trend toward shifting certain types of retirement account corrections to the Self Correction Program.
IRS Announces Deadline Relief for Vermont Flooding
The IRS has announced the postponement of certain tax-related deadlines for victims of flooding in Vermont.
IRS Provides Additional RMD Transition Relief Under SECURE, SECURE 2.0
The IRS has issued Notice 2023-54 to provide transition relief for required minimum distributions in connection with the change in required beginning date to age 73 under SECURE 2.0, and guidance for certain specified RMDs for 2023.
No Results
