defined benefit plan

IRS Announces Deadline Relief for Alabama Hurricane Zeta Victims

The IRS announced the postponement of certain tax-related deadlines for Alabama victims of Hurricane Zeta. 

FuturePlan ERISA Team

IRA

Defined Benefit Plan

Defined Contribution Plan

IRS Guidance

IRS Posts Updated DB Plan Yield Curves and Segment Rates

The IRS has posted Notice 2020-87, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations. 

FuturePlan ERISA Team

Defined Benefit Plan

IRS

PBGC Seeks Information on Roth Data and Foreign-Source Income

The PBGC has requested from the OMB permission to continue collecting information on retirement plan missing participant accounts.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

PBGC Publishes Age Table for 2021 Valuations in DB Plans

The PBGC final regulations with an updated age table for determining benefits in single-employer DB pension plans undergoing distress or involuntary termination are available.

FuturePlan ERISA Team

Defined Benefit Plan

PBGC

Pension Benefit Guaranty Corporation

IRS Posts Updated DB Plan Yield Curves and Segment Rates

The IRS has posted Notice 2020-81, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

Defined Benefit Plan

Extended Due Date for Single-Employer DB Contributions

The IRS has clarified that contributions to single-employer DB plans due January 1, 2021, under the CARES Act are considered timely if they are made no later than January 4, 2021.

FuturePlan ERISA Team

COVID-19

Defined Benefit Plan

IRS

DOL Final ESG Guidance Published

The DOL’s final rule on environmental, social, and governance (ESG) investments is published in the Federal Register.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

Fiduciary Issues

DOL Releases Final ESG Guidance

The DOL has posted a final rule regarding guidance initially focused on restricting the use of environmental, social, and governance (ESG) investments.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

Fiduciary Issues

Updated Yield Curves and Segment Rates for DB Plans

The IRS has posted Notice 2020-77, guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

Defined Benefit Plan

PBGC’s November Interest Rate Assumptions for DB Calculations

Interest assumptions for benefit payments with valuation dates in November 2020 to be published in the October 15, 2020 Federal Register.

FuturePlan ERISA Team

Defined Benefit Plan

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