By this time, the same oily muck that had darkened the LaForges carefully tended lawn was sloshing over the banks of Talmadge Creek and coating tree trunks, flowers and soil along the Kalamazoo River. Jay Wesley, a fisheries specialist with the Michigan Department of Natural Resources, was already on the scene, trudging along the floodplain and collecting oil-coated muskrats and turtles in cardboard boxes and plastic bins.
Book Groups Learn more about our Book Group offerings this week. Glowforge 101: Creative Laser Cutting, Parts 1 & 2 (Main) Monday, July 25 & Tuesday, July 263:30-4:30 p.m. Tuesday, July 26 & Wednesday, July 277-8 p.m.Learn how to cut, engrave, and shape designs from a variety of materials using the Glowforge Pro laser cutter in this two-part series. In Part 1, you will use the camera for focusing and scanning your own images, properly select materials for your project, and fabricate your first design. In Part 2, you will create digital artwork for the Glowforge Pro and learn file formatting for production. You must complete The Hive Safety Training before participating. Registration is required. Summer ESOL Class (Valente) Monday, July 256-7:30 p.m. Join us for an English for Speakers of Other Languages (ESOL) class this summer! This class will be taught at a beginner level. No testing is needed. Everyone is welcome. For more information, call Maria Balestrieri at 617-349-4013. Learn more.ESOL Classes (Central Square)Tuesdays and Thursdays 11 a.m.-12:30 p.m., 1-2:30 p.m., and 3-4:30 p.m. Wednesdays and Fridays 10:30 a.m.-Noon English for Speakers of Other Languages (ESOL) classes occur on Tuesdays, Wednesdays, Thursdays, and Fridays. On Tuesdays and Thursdays, Intermediate ESOL is at 11 a.m., High Beginner ESOL is at 1 p.m., and Advanced ESOL is at 3 p.m. Beginner ESOL is at 10:30 a.m. on Wednesdays and Fridays. Registration is not required. Learn more.
On April 27, 2022, the Internal Revenue Service and the Department of the Treasury released proposed regulations to update the mortality tables that are used under Internal Revenue Code Section 430(h) to calculate minimum required contributions for single-employer defined benefit pension plans. The regulations are proposed to be first effective for plan years beginning in 2023.
The IRS and the Department of the Treasury are no longer planning to finalize those proposed regulations with an effective date during 2023. Therefore, pursuant to existing regulations, the mortality tables provided in Notice 2022-22 will apply for purposes of calculating minimum required contributions for a valuation date in 2023 for all plans.
Pay.gov will accept one additional PDF document (less than 15MB) as part of your submission. Remove any items over the 15MB limit before you submit. Fax any remaining documents to 844-255-4818. To have the information associated with your application, include a fax coversheet that contains the Pay.gov Tracking ID, employer name, EIN, and the plan name listed on the submitted Form 5300. Contact IRS Customer Accounts Services at 877-829-5500 for additional help.
The IRS released Notice 2022-27PDF which provides a 6-month extension of the relief provided in Notice 2021-40. This notice provides temporary relief of the physical presence requirement, through December 31, 2022, for participant elections that are required to be witnessed by a plan representative or notary republic.
The Internal Revenue Service and the Department of the Treasury released proposed regulations to update the mortality tables that are used under Internal Revenue Code Section 430(h) to calculate minimum required contributions for single-employer defined benefit pension plans. The regulations are proposed to be first effective for plan years beginning in 2023.
The mortality tables in the proposed regulations are derived from the tables set forth in the Pri-2012 Private Retirement Plans Mortality Tables Report issued by the Retirement Plans Experience Committee (RPEC) of the Society of Actuaries. That report is based on the most recent large-scale study of the mortality experience of pension plan participants, which used data from calendar years 2010 through 2014. The mortality rates in the proposed regulations are developed by adjusting the mortality experience from that study for improvements in mortality experience since 2012, and expected improvements into the future.
The MP-2021 mortality improvement rates don't take into account actual mortality experience in 2020 and 2021, the first years affected by the COVID-19 pandemic. The long-term mortality improvement rates also don't reflect any adjustment for the effect of COVID-19 on expected mortality rates in the long term. To the extent there is a long-term impact on mortality rates from COVID-19, the IRS and the Treasury Department expect that RPEC will reflect that impact in future mortality improvement scales, which the IRS and Treasury Department could then specify for use under Section 430(h) in future guidance.
2021 RMD: The waiver of RMDs as part of the CARES Act for 2020 was NOT extended to RMDs for 2021. IRA account holders and participants in retirement plans are subject to RMDs for 2021.
The IRS released Notice 2021-40PDF which provides a 12-month extension -- through June 30, 2022 -- of the physical presence requirement for participant elections required to be witnessed by a plan representative or notary republic.
The IRS posted a series of drop-in articles, in both English and Spanish, on the IRS Outreach Connection webpage. These articles describe the types of plans that many small employers adopt to help their employees save for retirement. You can use these articles on your website, newsletter, or in other products and publications.
Overpayments correction options: Expanded correction principles to allow plan sponsors to fix operational failures when plan participants or beneficiaries receive payments from defined benefit plans that exceed what is permitted by the terms of the plan, effective July 16, 2021. The new principles reduce the need to seek repayment from participants or beneficiaries who received overpayments, and in some cases, do not require the plan sponsor to reimburse the plan for overpayments to participants.
Expansion of Self Correction for Retroactive Plan Amendments: Makes it easier to use retroactive plan amendments to correct operational failures by removing the requirement that all participants in the plan benefit by the retroactive amendment, effective July 16, 2021.
In response to Section 209 of the Relief Act, the IRS released five FAQs to help clarify how partial terminations are determined during any plan year which includes the period beginning on March 13, 2020, and ending on March 31, 2021.
Beginning January 1, 2021, a one-participant plan or a foreign plan can no longer file a Form 5500-SF in place of Form 5500-EZ. Information on the Form 5500-EZ filed using the EFAST2 filing system will not be available to the public on the DOL website.
SECURE Act GuidanceThe IRS issued Notice 2020-68PDF to provide guidance on particular issues of the Setting Every Community Up for Retirement Enhancement Act of 2019 to assist in the implementation of these provisions. Some of the issues addressed by this guidance include:
As part of processing the applications, EP Determinations will not review a hybrid plan determination letter application described above for completeness until at least January 1, 2021. When EP Determinations reviews the application for completeness, the procedures in section 10 of Rev. Proc. 2020-4 will apply. Sections 10 and 11 of Rev. Proc. 2020-4 provide a list of items required for a complete determination letter application.
Final hardship regulationsThe IRS released final regulations that make changes to hardship distributions in 401(k) and 403(b) retirement plans. The final regulations also include changes made by the Bipartisan Budget Act of 2018.
Qualified Matching Contributions (QMACs) and Qualified Nonelective Contributions (QNECs) - IRS and Treasury release final regulations amending the definitions of QMACs and QNECs. Under these regulations, an employer contribution may be a QMAC or QNEC if it satisfies applicable nonforfeitable requirements and distribution limitations at the time it is allocated to participants accounts
IRS Hearing Notice: Administration of Multiemployer Plan Participant Vote on an Approved Suspension of Benefits under the Multiemployer Pension Reform Act of 2014 (MPRA) - notice of public hearing on proposed regulations for the administration of a multiemployer plan participant vote on an approved suspension of benefits under the MPRA. The public hearing is Friday, December 18, 2015, at 10 a.m; you must send outlines of discussion topics for the public hearing by Monday, November 30, 2015
After the February Revolution, in March 1917, the Central Rada wasestablished in Kiev, intended to become the organ of supreme power. In November1917, in its Third Universal, it declared the creation of the UkrainianPeople's Republic (UPR) as part of Russia.
In 1939, the USSR regained the lands earlier seized by Poland. A majorportion of these became part of the Soviet Ukraine. In 1940, the Ukrainian SSRincorporated part of Bessarabia, which had been occupied by Romania since 1918,as well as Northern Bukovina. In 1948, Zmeyiniy Island (Snake Island) in the Black Sea became part of Ukraine. In 1954, the Crimean Region of the RSFSR wasgiven to the Ukrainian SSR, in gross violation of legal norms that were in force at the time.
What can be said to this? Things change: countries and communities are noexception. Of course, some part of a people in the process of its development,influenced by a number of reasons and historical circumstances, can becomeaware of itself as a separate nation at a certain moment. How should we treatthat? There is only one answer: with respect! 2b1af7f3a8