IRS No Longer Has Immediate Plans to Issue Regulations on Defined Benefit Plan Post-Retirement Lump-Sum Distribution Windows
The IRS has announced it no longer intends to issue amended regulations under IRC §401(a)(9) in Notice 2019-18. The IRS has previously announced in Notice 2015-49 that it had intended to revise the minimum distribution regulations to address the practice of offering a temporary lump sum payment option to beneficiaries of a defined benefit pension plan who were currently receiving annuity payments.
Read More