The IRS has issued Notice 2023-73, specifying the mortality table used in determining minimum present value under IRC 417(e)(3) and ERISA section 205(g)(3). The table applies for distributions with annuity starting dates that occur during stability periods beginning in the 2024 calendar year.
Regulatory and Legislative
The Department of Labor (DOL) has released a final rule updating the definition of an investment advice fiduciary under ERISA.
Regulatory and Legislative
The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for California severe winter storm.
Regulatory and Legislative
The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for California severe storms and flooding.
