Bulletin No. 2016–40 October 3, 2016

Notice 2016–54, page 429. This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2016 used under §417(e)(3)(D), the 24-month average segment rates applicable for September 2016, and the 30year Treasury rates. These rates reflect the application of §430(h)(2)(C)(iv), which was added by the Moving Ahead for Progress in the 21st Century Act, Public Law 112–141 (MAP– 21) and amended by section 2003 of the Highway and Transportation Funding Act of 2014 (HATFA).

Notice 2016–57, page 432. Notice 2016–57 extends the temporary nondiscrimination relief for closed defined benefit plans that is provided in Notice 2014–5, 2014–2 I.R.B. 276, by making that relief available for plan years beginning before 2018 if the conditions of Notice 2014–5 continue to be satisfied.