Pension Plans

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 [...]

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 [...]