Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Compliance March 28, 2017
IRS Seeks Input About Minimum Present Value Requirements Event
Interested parties can email the IRS by 5 p.m. ET on April 17, 2017, with any suggestions for its presentation.
Reported by PLANADVISER Staff
The Internal Revenue Service (IRS) is planning a webinar on Minimum Present Value Requirements for Defined Benefit Plans and would like input on questions or topics to include.
The webinar will cover:
Final Regulations on IRC Section 417(e) partial annuity distributions;
Proposed regulations on other IRC Section 417(e)(3) requirements;
Types of benefit payments subject to minimum present value requirements;
Application of mortality discounts; and
Proposed clarification of existing IRC Section 417(e)(3) rules.
Email the IRS by 5 p.m. ET on April 17, 2017, with any suggestions for this presentation.
The presentation will be posted to the IRS Video Portal in May 2017.
You Might Also Like:
Respondents Recommend Simplicity, Data Sharing for Saver’s Match
Retirement industry representatives, providers and academics weighed in on how to best implement a federal matching program for lower-income savers.
Correcting 401(k) Auto-Enrollment Failures
ERISA experts Fred Reish and Joan Neri answer a question about addressing a plan sponsor client’s error in implementing automatic...
IRS Raises Limit on Tax-Free Charitable Donations From IRAs to $105,000 for 2024
The limit is up from $100,000 in previous years.