A final rule titled, “Proposed Amendment to PTE 84-14 for Plan Asset Transactions Determined by an Independent Qualified Plan Asset Manager,” has left the Office of Management and Budget.
The IRS has issued Revenue Ruling 2024-07, which contains the applicable federal rates (AFR) for April 2024.
These interest assumptions are used for valuing benefits under terminating single-employer plans.
The Department of Labor has sent a final fiduciary rule titled “Retirement Security Rule: Definition of an Investment Advice Fiduciary” to the Office of Management and Budget (OMB).
The Federal Emergency Management Agency issued a disaster declaration on March 2, 2024, for Vermont R1 severe storms and flooding.
The IRS has announced the postponement of certain tax-related deadlines for victims of wildfires in the Spokane, Washington, area.
The Federal Emergency Management Agency issued a disaster declaration on February 27, 2024, for New Hampshire severe storm and flooding.
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in San Diego, California.
The IRS has issued Notice 2024-26, providing an administrative exemption from the electronic filing requirement for Form 1042 otherwise required to be electronically filed in calendar year 2024.
The Federal Emergency Management Agency issued a disaster declaration on February 19, 2024, for California severe storm and flooding.