Defined benefit plan

The Federal Emergency Management Agency issued Major Disaster Declarations on May 29 for several storms. 

The Internal Revenue Service has issued Notice 2026-33, to provide guidance on qualified long-term care distributions for long-term care insurance premiums pursuant to Section 334 of SECURE 2.0.

The Form 5500 Simplification Act (H.R. 7362), introduced by Representatives Glenn Grothman (R-WI) and Don Norcross (D-NJ), passed out of the House Committee on Education & Workforce by a vote of 22-12.

The Internal Revenue Service has issued Revenue Ruling 2026-11 which contains the applicable federal rates for June 2026. 

The Internal Revenue Service has issued Notice 2026-31, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations. 

The Internal Revenue Service has issued Notice 2026-34 which includes the Cumulative List of Changes for Pre-Approved Defined Benefit Plans.

The Pension Benefit Guaranty Corporation has launched a new webpage that it says is designed specifically to support the practitioner community.

The Internal Revenue Service has announced the postponement of certain tax-related deadlines for individuals and businesses in parts of Southeast Georgia that were affected by wildfires and straight-line winds that began on April 18, 2026. 

The Securities and Exchange Commission has issued a staff interpretation that addresses the use of collective investment trusts in pooled employer plans. 

The Internal Revenue Service has announced the postponement of certain tax-related deadlines for victims of Super Typhoon Sinlaku until November 2, 2026.