IRS Modifies CARES Act Due Date for DB Plan Contributions
The extended due date for contributions could help plan sponsors reduce PBGC variable rate premiums.
Tag: DB plan contributions
Could DB Plan Sponsors Have Seen a Greater Funded Status Increase in 2019?
Contributions to large pension plans plunged in 2019, nearly matching their lowest point in the past 15 years, according to...
Largest DB Plan Sponsors Adjust Policies to Manage Risks
The latest report from Russell Investments shows the largest defined benefit (DB) plan sponsors have shifted more to fixed income...
Deadline Approaching for DB Plan Sponsors to Take Advantage of Tax Change
“Tax reform has allowed plan sponsors to take advantage of a higher deduction. Doing so may mitigate the need for...
Weyerhaeuser Takes Steps to Reduce Pension Liabilities
The company is offering a lump-sum window, transferring some liabilities to a group annuity, making a contribution to its pension...
Court Affirms DB Plan Sponsor Owes Excise Taxes on Non-Deductible Contributions
A federal appellate court agreed with the Commissioner of Internal Revenue that Pizza Pro Equipment Leasing incorrectly calculated the limitation...
Study Shows Pension Funding Relief Helped DB Plans
When computing defined benefit (DB) plan liabilities for 2015 using unsmoothed corporate bond rates to discount liabilities, roughly 84% of...