Comments Off on Defined benefit plans to be prohibited from replacing annuities with lump-sum payments
In Notice 2015-49, the IRS announced that it will amend the Sec. 401(a)(9) required minimum distribution regulations to prohibit the use of lump-sum payments [...]
Comments Off on GASB pension changes: Are you ready?
New reporting requirements for state and local governments offering defined benefit pension plans significantly increase the extent to which government [...]