IRS Changes Course on Lump Sums to Retirees

Posted on: March 19, 2019 By:

In Notice 2019-18, the Internal Revenue Service (the “IRS”) changed its position and now will permit employers to offer lump sum payments to retirees who are currently receiving annuity payments from a defined benefit plan.  This is a reversal from … Continue reading →

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Now You Can Have Your Cake and Eat It Too: New Pension Distribution Rules Allow More Flexibility

Posted on: October 13, 2016 By:

If you are one of the lucky few employees who participate in an employer’s defined benefit retirement plan, you previously had to choose between receiving your benefits in a lump sum or in annuity payments. However, in the final rule … Continue reading →

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