Sign up now for the May 15 Retirement Plans Phone Forum. Proposed drafts of the general guidance on possible standards for determining if a retirement plan is a governmental plan under section 414(d) of the Internal Revenue Code will be discussed.

No continuing professional education (CPE) credits will be earned for this phone forum.

3. June 12 Phone Forum: Operating Under the Written Plan Requirements and Common Issues Identified in 403(b) Plans

Sign up now for the June 12 Phone Forum. The IRS Employee Plans 403(b) Compliance Planning Group will address frequent questions pertaining to the 403(b) written plan requirements and how the IRS is approaching the written plan requirement under audit. The forum will also address common operational issues identified in 403(b) plans.

If you have a specific matter that you would like the speakers to address, please e-mail ep.phoneforum@irs.gov on or before June 1, 2012.

4. Technical Guidance

Notice 2012-36 provides guidance as to the corporate bond weighted average interest rate and the permissible range of interest rates specified under § 412(b)(5)(B)(ii)(II) of the Internal Revenue Code as in effect for plan years beginning before 2008. It also provides guidance on the corporate bond monthly yield curve (and the corresponding spot segment rates), and the 24-month average segment rates under § 430(h)(2). In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under § 417(e)(3)(A)(ii)(II) as in effect for plan years beginning before 2008, the 30-year Treasury weighted average rate under § 431(c)(6)(E)(ii)(I), and the minimum present value segment rates under § 417(e)(3)(D) as in effect for plan years beginning after 2007.

TD 9588 was forwarded to the Office of the Federal Register on May 2, 2012.

The filing time is 8:45 a.m. on May 4, 2012.

The publication date is set for May 7, 2012.

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