IRS
Industry & Regulatory News
IRS Announces Applicable Federal Rates for May
The IRS has issued Revenue Ruling 2024-09, which contains the applicable federal rates (AFR) for May 2024.
Industry & Regulatory News
IRS Provides Further RMD Transition Relief Under the SECURE Act
The IRS has issued Notice 2024-35 to provide additional transition relief for certain specified RMDs for 2024.
Industry & Regulatory News
Retirement Plan Disaster Assistance May Be Available for California Severe Storms
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on April 13, 2024, for California severe winter storms, tornadoes, flooding, landslides, and mudslides for the incident period of January 31 – February 9, 2024.
Industry & Regulatory News
Retirement Plan Disaster Assistance May Be Available for Oregon Severe Storms
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on April 13, 2024, for Oregon severe winter storms, straight-line-winds, landslides, and mudslides, for the incident period of January 10, 2024–January 22, 2024.
Industry & Regulatory News
IRS Issues Yield Curves and Segment Rates for DB Plan Calculations (24)
The Internal Revenue Service has issued Notice 2024-34, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
Industry & Regulatory News
Retirement Plan Disaster Assistance May Be Available for Alaska Severe Storm, Flooding, and Landslides
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on April 6, 2024, for Alaska severe storm, flooding, and landslides, for the incident period of November 20, 2023.
Industry & Regulatory News
IRS Announces Deadline Relief for Maine Severe Storms and Flooding (1)
The IRS has announced the postponement of certain tax-related deadlines for victims of Maine severe storms and flooding.
Industry & Regulatory News
Agencies Extend Comment Deadline on Reporting and Disclosure RFI Under SECURE 2.0
The Department of Treasury, the Department of Labor, and the Pension Benefit Guaranty Corporation have extended the deadline for comments related to a Request for Information (RFI) released in January pursuant to Section 319 of SECURE 2.0.
Industry & Regulatory News
IRS Announces Deadline Relief for Alaska Severe Storms, Landslides, and Mudslides
The IRS has announced the postponement of certain tax-related deadlines for victims of Alaska severe storms, landslides, and mudslides.
Industry & Regulatory News
Retirement Plan Disaster Assistance May Be Available for Maine Severe Storms and Flooding
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on March 20, 2024, for Maine severe storms and flooding, for the incident period of January 9 – 13, 2024.