IRS Updates Mortality Basis for Funding and Lump Sum Calculations

Vectra DigitalBlog

On April 28, 2022, the IRS released proposed regulations on the mortality tables used to determine present value for minimum funding purposes. The proposed regulation is an update to the current regulations under Section 1.430(h)(3)-1. The following are a few of the key provisions of the proposed regulations. The base mortality tables would be derived from the tables set forth … Read More