For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Compliance March 28, 2017
IRS Seeking Suggestions for DB Plan Webinar
The IRS is asking for suggestions for a presentation on minimum present value requirements for DB plans.
Reported by PLANSPONSOR staff
The Internal Revenue Service (IRS) is planning a webinar on Minimum Present Value Requirements for Defined Benefit Plans and would like input on questions or topics to include.
The webinar will cover:
Final Regulations on IRC Section 417(e) partial annuity distributions;
Proposed regulations on other IRC Section 417(e)(3) requirements;
Types of benefit payments subject to minimum present value requirements;
Application of mortality discounts; and
Proposed clarification of existing IRC Section 417(e)(3) rules.
Email the IRS by 5 p.m. ET on April 17, 2017, with any suggestions for this presentation.
The presentation will be posted to the IRS Video Portal in May 2017.
You Might Also Like:
None of the Largest US Corporate Pension Funds are Less Than 75% Funded, Per Milliman
The firm’s 2024 research found at least three pension funds with more than 140% funding levels.
Inherited IRA RMD Final Rules Postponed to 2025
The IRS will not enforce RMDs for inherited IRAs under the 10-year rule until at least 2025.
PLESA Match Manipulation Not a Concern, Chamber of Commerce Says
Other SECURE 2.0 implementation issues are a much bigger worry.