Regulatory and Legislative

IRS Issues Regulations for Plan-Specific Substitute Mortality Tables for Determining Present Value

The Internal Revenue Service (IRS) has released final regulations regarding the use of mortality experience data for the COVID-19 pandemic period that supplement the methodology for developing substitute mortality tables provided in Treasury Regulation 1.430(h)(3)-2. Specifically, the final rule provides an adjustment factor to be applied to the standard mortality table for 2020, 2021, and 2022.

These regulations apply for plan years beginning on or after January 1, 2025.

IRS IRS Guidance

Regulatory and Legislative

DOL Announces Start of the Lost and Found Information Collection

The Department of Labor has announced the start of a voluntary information collection to establish and maintain the Retirement Savings Lost and Found database.

Insights and Perspectives

Q&A with FuturePlan’s Aaron McIsaac

How a Retirement Plan Advisor Can Leverage a TPA to Build Your Business

Regulatory and Legislative

Retirement Plan Disaster Assistance May Be Available for Crow Tribe of Montana

The Federal Emergency Management Agency issued a Major Disaster Declaration on November 14, 2024, for Crow Tribe of Montana severe storm and straight-line winds.