Defined benefit plan

Industry & Regulatory News

IRS Provides Catch-Up Guidance Under SECURE 2.0

The IRS has issued Notice 2023-62 to address stakeholder concerns regarding implementation of Section 603 of the SECURE 2.0 Act.

August 28 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Colorado Severe Storms, Flooding, and Tornadoes

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 25, 2023, for Colorado severe storms, flooding, and tornadoes, for the incident period of June 8, 2023 – June 23, 2023.

August 28 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Iowa Flooding

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 25, 2023, for Iowa flooding, for the incident period of April 24, 2023 – May 13, 2023.

August 28 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Alaska Flooding

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 23, 2023, for Alaska flooding, for the incident period of May 12, 2023 – June 3, 2023.

August 24 2023

Industry & Regulatory News

IRS Announces Deadline Relief for Hawaii

The IRS has announced the postponement of certain tax-related deadlines for victims of wildfires in Hawaii.

August 23 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Tennessee

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 17, 2023, for Tennessee severe storms and straight-line winds, for the incident period of June 25, 2023 – June 26, 2023.

August 18 2023

Industry & Regulatory News

IRS Announces Deadline Relief for Mississippi

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds, and tornadoes in parts of Mississippi.

August 17 2023

Industry & Regulatory News

Retirement Plan Disaster Assistance May Be Available for Illinois

The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 15, 2023, for Illinois severe storms and flooding, for the incident period of June 29, 2023 – July 2, 2023.

August 17 2023

Industry & Regulatory News

PBGC Proposes Changes to Assumptions Used in Certain Valuations

The Pension Benefit Guaranty Corporation (PBGC) has released a proposed rule titled Valuations Assumptions and Methods.

August 17 2023

Industry & Regulatory News

Spousal Consent Proposal Re-Introduced

Representative Lauren Underwood (D-IL) and Senator Tammy Baldwin (D-WI) have re-introduced H.R. 5060, the Women's Retirement Protection Act of 2023 in the House and Senate.

August 17 2023