Tag Archives: Esther Peterson

COVID-19 and minimum required contributions for single employer defined benefit plans

The COVID-19 pandemic has precipitated short- and long-term economic responses that will continue to unfold. In the meantime, employers have many questions regarding IRS minimum required contributions (MRCs) for their defined benefit plans.

In this article, Milliman actuary Esther Peterson summarizes the components that feed into the MRC calculation and considers how potential consequences may trickle down into the MRC calculation for future plan years.