defined benefit plan

Retirement Plan Disaster Assistance May Be Available for Hurricane Helene in Georgia

The Federal Emergency Management Agency issued a Major Disaster Declaration on September 30, 2024 for Georgia Hurricane Helene.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for Hurricane Helene

The Federal Emergency Management Agency has issued Major Disaster Declarations on September 28 and 29.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for Vermont Severe Storms

The Federal Emergency Management Agency issued a Major Disaster Declaration on September 26, 2024, for Vermont severe storms, flooding, landslides, and mudslides.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRS

IRS Guidance

Retirement Plan Disaster Assistance May Be Available for Georgia, Nebraska, Washington, Kansas, and New York

The Federal Emergency Management Agency issued Major Disaster Declarations on September 24, 2024, for the following locations: Georgia Tropical Storm Debby, Nebraska severe storms, Washington wildfires, Kansas severe storms, and New York remnants of Tropical Storm Debby.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

Retirement Plan Disaster Assistance May Be Available for New York, Illinois, and Connecticut Disasters

The Federal Emergency Management Agency issued Major Disaster Declarations on September 20, 2024, for the following disasters: New York severe storm and flooding, Illinois severe storms, tornadoes, straight-line winds, and flooding, and Connecticut severe storm, flooding, landslides and mudslides.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

IRS Issues Yield Curves and Segment Rates for DB Plan Calculations

The Internal Revenue Service has issued Notice 2024-67, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations.

FuturePlan ERISA Team

IRS

Defined Benefit Plan

IRS Announces Deadline Relief for Pennsylvania Tropical Storm Debby

The IRS has announced the postponement of certain tax-related deadlines for victims of Tropical Storm Debby in Pennsylvania.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

IRS Announces Applicable Federal Rates for October

The IRS has issued Revenue Ruling 2024-21 which contains the applicable federal rates for October 2024.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Contribution Plan

Defined Benefit Plan

Retirement Plan Disaster Assistance May Be Available for Louisiana Hurricane Francine

The Federal Emergency Management Agency issued a Major Disaster Declaration on September 16, 2024, for Louisiana hurricane Francine.

FuturePlan ERISA Team

IRS

IRS Guidance

IRA

Defined Benefit Plan

Defined Contribution Plan

IRS Announces Electronic Pre-Approved Plan Submission Procedures

The IRS has indicated that application steps for pre-approved plan document providers seeking to obtain IRS approval of defined contribution and defined benefit arrangements is changing to incorporate electronic filing requirements.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRS

IRS Guidance

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