Pension Distribution Answer Book
2023 Edition
Published on 14. October 2022
Book
Hardback
1276 pages
978-1-5438-5596-8 (ISBN)
Description
Pension Distribution Answer Book, 2023 Edition, provides expert guidance on the complex rules governing pension plan distributions. This comprehensive and easy-to-use resource guides the subscriber through the labyrinth of legal, administrative, and tax requirements for all types of distributions from qualified retirement plans.
Updated coverage in the 2023 Edition of Pension Distribution Answer Book includes the following:
- Proposed Regulations published by the Internal revenue Service (IRS) on February 24, 2022, which would update the existing required minimum distribution regulations to reflect the amendments that were made to Section 401(a)(9) of the Internal Revenue Code of 1986 by Sections 114 and 401 of the Setting Every Community Up for Retirement Enhance- ment Act of 2019 (Chapter 4).
- Summary of IRS Proposed Regulations (Current Developments).
- The proposed minimum distribution regulations that would require annual distributions for the 10-year rule (Current Developments).
- Updated annual dollar limitation on an individual's elective contribu- tions for 2022 (Chapter 5).
- Updated adjusted limit for an includible officer under Code Section 416 for 2022 (Chapter 8).
- Updated Code Section 415 dollar limits at various retirement ages for 2022 (Chapter 9).
- Updated dollar amounts for distributions beginning in 2022 (Chapter 13).
- IRS Final Regulations, issued on June 11, 2021, applicable to disasters declared on or after December 21, 2019 (Chapter 21).
- Updated penalties for failure to file Form 1099-Rs with the IRS on a timely basis (Chapter 27).
- The 2022 mortality table from Notice 2020-85, and the 2023 mortality table from Notice 2022-22 (Appendix F).
Updated coverage in the 2023 Edition of Pension Distribution Answer Book includes the following:
- Proposed Regulations published by the Internal revenue Service (IRS) on February 24, 2022, which would update the existing required minimum distribution regulations to reflect the amendments that were made to Section 401(a)(9) of the Internal Revenue Code of 1986 by Sections 114 and 401 of the Setting Every Community Up for Retirement Enhance- ment Act of 2019 (Chapter 4).
- Summary of IRS Proposed Regulations (Current Developments).
- The proposed minimum distribution regulations that would require annual distributions for the 10-year rule (Current Developments).
- Updated annual dollar limitation on an individual's elective contribu- tions for 2022 (Chapter 5).
- Updated adjusted limit for an includible officer under Code Section 416 for 2022 (Chapter 8).
- Updated Code Section 415 dollar limits at various retirement ages for 2022 (Chapter 9).
- Updated dollar amounts for distributions beginning in 2022 (Chapter 13).
- IRS Final Regulations, issued on June 11, 2021, applicable to disasters declared on or after December 21, 2019 (Chapter 21).
- Updated penalties for failure to file Form 1099-Rs with the IRS on a timely basis (Chapter 27).
- The 2022 mortality table from Notice 2020-85, and the 2023 mortality table from Notice 2022-22 (Appendix F).