IRS Issues Final Regulations on Minimum Contributions to Single-Employer Pension Plans and Excise Taxes for Failing to Satisfy Minimum Funding Standards | Practical Law
The Internal Revenue Service (IRS) and Department of Treasury issued final regulations providing guidance on the determination of minimum required contributions for single-employer pension plans and excise taxes for failing to satisfy the minimum funding standards for defined benefit pension plans. The regulations apply to plan years beginning after January 1, 2016.