defined benefit plan

Retirement Plan Disaster Assistance May Be Available for New York Severe Storms

The Federal Emergency Management Agency issued a Major Disaster Declaration on August 29, 2024, for New York severe storms, tornadoes, and flooding.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRS

IRS Guidance

Retirement Plan Disaster Assistance May Be Available for Montana Straight-Line Winds

The Federal Emergency Management Agency (FEMA) issued a Major Disaster Declaration on August 23, 2024.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRS

IRS Guidance

IRS Issues Yield Curves and Segment Rates for DB Plan Calculations

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. 

FuturePlan ERISA Team

Defined Benefit Plan

IRS

IRS Guidance

PBGC Issues Yield Curve for ERISA 4044 Calculations

The Pension Benefit Guaranty Corporation (PBGC) has released its first yield curve issued for ERISA 4044 calculations.

FuturePlan ERISA Team

Defined Benefit Plan

IRS Announces Applicable Federal Rates for September

The IRS has issued Revenue Ruling 2024-17 which contains the applicable federal rates (AFR) for September 2024. 

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Contribution Plan

Defined Benefit Plan

IRA

IRS Announces Deadline Relief for Minnesota Severe Storms

The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in Minnesota.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Defined Contribution Plan

IRA

HSA

Retirement Plan Disaster Assistance May Be Available for Hurricane Debby in Florida

The Federal Emergency Management Agency issued a Major Disaster Declaration on August 10, 2024, for Florida hurricane Debby.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Defined Contribution Plan

IRA

IRS Announces Deadline Relief for Hurricane Debby in South Carolina

The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Debby in South Carolina.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Defined Contribution Plan

IRA

IRS Announces Deadline Relief for Tropical Storm Debby in Florida

The IRS has announced the postponement of certain tax-related deadlines for victims of tropical storm Debby.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Defined Contribution Plan

IRA

IRS Announces Deadline Relief for Hurricane Debby in Georgia

The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Debby in Georgia.

FuturePlan ERISA Team

IRS

IRS Guidance

Defined Benefit Plan

Defined Contribution Plan

IRA

HSA

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