Defined Benefit Plans to Be Prohibited From Replacing Annuities With Lump-Sum Payments | Lauzen Accounting

Defined Benefit Plans to Be Prohibited From Replacing Annuities With Lump-Sum Payments

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July 14, 2015

The IRS announced that it will amend the Sec. 401(a)(9) required minimum
distribution regulations to prohibit the use of lump-sum payments to
replace annuity payments in defined benefit plans.

Source:: AICPA – Tax

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