irs guidance

Updated Yield Curves and Segment Rates for DB Plans

The IRS has issued Notice 2022-40, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Deadline Relief for Puerto Rico Victims of Hurricane Fiona

The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Fiona in Puerto Rico.

FuturePlan ERISA Team

Defined Contribution Plan

IRS

IRS Guidance

Deadline Relief for Arizona Victims of Severe Storms

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms in Arizona.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

IRS Provides Additional Form W-4P, W-4R Guidance

The IRS has provided additional guidance related to federal income tax withholding requirements for retirement plan and IRA payments.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Deadline Relief for Mississippi Water Crisis Victims

The IRS has announced the postponement of certain tax-related deadlines for victims of a water crisis in Mississippi.

FuturePlan ERISA Team

IRS

IRS Guidance

IRS Issues Updates for DB Plan Calculations

The IRS has issued Notice 2022-35, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

Defined Benefit Plan

IRS

IRS Guidance

IRS Announces Applicable Federal Rates for September 2022

The IRS has issued Revenue Ruling 2022-17, which contains the applicable federal rates (AFR) for September 2022.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

IRS Final Rule on Electronic Filing Requirements at OMB

The Office of Management and Budget has received a final rule from the IRS titled “Electronically Filed Returns”.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

HSA

IRS Extends Remedial Amendment Period for SECURE Act

The IRS issued Notice 2022-33 which extends the deadline for amendments to retirement plans and IRAs to adopt provisions enacted under the SECURE Act, the Miners Act, and some provisions under the CARES Act.

FuturePlan ERISA Team

IRS Guidance

Legislative updates

Updated Yield Curves and Segment Rates for DB Plans

The IRS has issued Notice 2022-32, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

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