IRS Issues New Mortality Table Regulations Effective January 1, 2024

Nate WuthrichBlog, Retirement

On October 20, 2023, the IRS published final regulations under Section 430(h) of the Code regarding the mortality tables to be used by most qualified defined benefit plans for valuation dates on or after January¬†1, 2024. Key changes from the prior regulations are summarized below. The annual static mortality tables from the regulation will also be used for purposes of … Read More