OMB’s Office of Information and Regulatory Affairs (OIRA) has received for review from the U.S. Treasury Department regulations that would update the life expectancy tables that apply for purposes of computing minimum required distributions from qualified retirement plans under section 401(a)(9).
Treasury regulations that are identified as “major” regulations are subject to review by OMB’s OIRA before being issued, pursuant to Executive Order 13771.
According to OIRA, the following regulations were received for review on August 13, 2019:
The regulations are further described on the OIRA website, as follows:
The regulations will update the life expectancy tables that apply for purposes of computing minimum required distributions from qualified retirement plans to more accurately reflect life expectancies based on the latest available empirical data.
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