Internal Revenue Service November 25, 2016 – Federal Register Recent Federal Regulation Documents

Update to Minimum Present Value Requirements for Defined Benefit Plan Distributions
Document Number: 2016-27907
Type: Proposed Rule
Date: 2016-11-25
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains proposed regulations providing guidance relating to the minimum present value requirements applicable to certain defined benefit pension plans. These proposed regulations would provide guidance on changes made by the Pension Protection Act of 2006 and would provide other modifications to these rules as well. These regulations would affect participants, beneficiaries, sponsors, and administrators of defined benefit pension plans. This document also provides a notice of a public hearing on these proposed regulations.