The Federal Emergency Management Agency (FEMA) issued Major Disaster Declarations on August 20, 2024.
The Internal Revenue Service has issued Notice 2024-62, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
The IRS has issued Notice 2024-63 (Notice) providing guidance under Section 110 of SECURE 2.0 regarding employer matching contributions with respect to qualified student loan payments (QSLP).
The Pension Benefit Guaranty Corporation (PBGC) has released its first yield curve issued for ERISA 4044 calculations.
The IRS has issued Revenue Ruling 2024-17 which contains the applicable federal rates (AFR) for September 2024.
The Internal Revenue Service (IRS) has released final regulations that revise existing rules that apply to required minimum distributions (RMDs).
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in Minnesota.
The Federal Emergency Management Agency issued a Major Disaster Declaration on August 10, 2024, for Florida hurricane Debby.
The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Debby in South Carolina.
The IRS has announced the postponement of certain tax-related deadlines for victims of tropical storm Debby.