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Non-discrimination testing for closed DB plans extended 1 year

Sponsors of defined benefit plans closed to new entrants before Dec. 13, 2013, gained an extra year to comply with non-discrimination testing rules, the Internal Revenue Service said in a notice posted Sept. 1.

Sponsors now have through plan year 2018 to do the testing, which can be done with some non-elective contributions to a defined contribution plan.

IRS officials are working on final regulations that they expect will reflect several "significant" changes to the current rules, following public comments in response to a 2016 proposal.