EMPLOYEE PLANS

Notice 2017–60, page 365. This notice sets forth the mortality table that is used for purposes of determining minimum present value under § 417(e)(3) of the Internal Revenue Code for 2018. This notice also sets forth static mortality tables for 2018 determined under the methodology of § 1.430(h)(3)–1 prior to its amendment, which apply for certain plans.

Rev. Proc. 2017–55, page 373. This revenue procedure sets forth the procedure by which the sponsor of a defined benefit plan that is subject to the funding requirements of § 430 of the Internal Revenue Code may request approval from the Internal Revenue Service for the use of plan-specific substitute mortality tables in accordance with § 430(h)(3)(C) and § 1.430(h)(3)–2 of the Treasury Regulations.