PBGC Updates Interest Assumptions for Valuing Benefits for Fourth Quarter 2023
The Pension Benefit Guarantee Corporation (PBGC) has issued a final rule updating interest assumptions.
Retirement Plan Disaster Assistance May Be Available for Wyoming Flooding
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on September 11, 2023, for Wyoming flooding.
Retirement Plan Disaster Assistance May Be Available for Georgia Hurricane Idalia
The Federal Emergency Management Agency issued a disaster declaration on September 7, 2023, for Georgia Hurricane Idalia.
DOL Sends Fiduciary Rule to OMB
The Department of Labor has sent a proposed rule titled “Retirement Security” to the Office of Management and Budget.
Several Amendments to ERISA Proposed in House
Several bills have been introduced in the House of Representatives that would make amendments to the Employee Retirement Income Security Act of 1974 (ERISA).
Deadline Relief for South Carolina Taxpayers Impacted by Idalia
The Internal Revenue Service has announced the postponement of certain tax-related deadlines for victims of Idalia in South Carolina.
Retirement Plan Disaster Assistance May Be Available for Maine Severe Storm and Flooding
The Federal Emergency Management Agency issued a disaster declaration on September 5, 2023, for Maine severe storm and flooding.
Retirement Plan Disaster Assistance May Be Available for Tennessee Severe Storms
The Federal Emergency Management Agency issued a disaster declaration on September 4, 2023, for Tennessee severe storms and straight-line winds.
Plan Sponsors May Be Able to Ignore 8955-SSA Late Filing Letters
The IRS has announced that plan sponsors who timely filed complete Forms 8955-SSA do not need to respond to CP 283-C penalty notices dated prior to September 1, 2023.
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