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IRS Updates Defined Benefit Mortality Table Regulations, Substitute Table Procedures; Issues 417(e)(3) and Static Tables (T.D. 9826, Rev. Proc. 2017-55, Notice 2017-60)

The IRS has issued final regulations prescribing general mortality tables to be used by most defined benefit pension plans that replace the 2008 mortality tables, and has issued updated procedures for requesting approval to use plan-specific substitute mortality tables in accordance with Code Sec. 430(h). The new procedures provide a simpler method for obtaining approval […]

The post IRS Updates Defined Benefit Mortality Table Regulations, Substitute Table Procedures; Issues 417(e)(3) and Static Tables (T.D. 9826, Rev. Proc. 2017-55, Notice 2017-60) appeared first on Tax & Accounting Blog.

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