90 FR 28007 — Selection of Annuity Providers-Safe Harbor for Individual Account Plans ERISAFinal Rules (FR)Jul 1, 2025
the financial capability of the insurer.[7]
This provision both streamlines the safe harbor [8]
and offers a level of certainty
( printed page 28008) not available under the regulatory safe harbor. Moreover, removing the regulatory safe harbor also eliminates situations in which a plan fiduciary might waste time and r…
Notice 2007-7 — Distribution issues; multiple issues; Pension Protection Act of 2006. This notice provides guidance in the form of questions and answers with respect to certai… IRCNoticesModified Jan 29, 2007
…ement can only be distributed upon the occurrence of certain events, one of which is the employee’s hardship. A distribution is made on account of hardship only if the distribution both is made on account of an immediate and heavy financial need of the employee and is necessary to satisfy the financial need. A distribu…
IRCRegulationsSep 17, 2024related by meaning
…) In general. Except as provided in paragraphs (b)(1)(ii)(B), (C), (D) and (E) of this section, the safe harbor provided by section 411(b)(5)(A) and paragraph (b)(1)(i) of this section is available only with respect to a participant if the participant's accumulated benefit under the plan is expressed in terms of only o…
Notice 2020-62 — Safe Harbor Explanations – Eligible Rollover Distributions IRCNoticesSuperseded Aug 24, 2020related by meaning
…nternal Revenue Code (Code) that certain information be provided to recipients of eligible rollover distributions. The safe harbor explanations as modified by this notice take into consideration certain legislative changes, including changes related to the Setting Every Community Up for Retirement Enhancement Act of 20…
78 FR 218 — Shared Responsibility for Employers Regarding Health Coverage IRCProposed Rules (FR)Proposed Jan 2, 2013related by meaning
…s of determining whether the employee is eligible for a premium tax credit under section 36B. These safe harbors are all optional. An employer may choose to use one or more of these safe harbors for all its employees or for any reasonable category of employees, provided it does so on a uniform and consistent basis for …
Rev. Proc. 2017-41 — This revenue procedure modifies and supersedes, in part, Rev. Proc. 2015–36, 2015–27 I.R.B. 20, which sets forth the procedures for issuing opinion and advisor… IRCRevenue ProceduresSuperseded Jul 17, 2017
ion of all of an employer’s defined contribution plans and all of an employer’s defined benefit plans as necessary to satisfy § 415 (b), (c), and (f). .07 Top-heavy Requirements - Each Pre-approved Plan must either provide that all of the additional requirements applicable to top-heavy plans (described in § 416) apply …
Rev. Proc. 2023-37 — This revenue procedure sets forth the rules regarding qualified pre-approved plans and section 403(b) pre-approved plans, and combines, conforms, clarifies, an… IRCRevenue ProceduresDec 18, 2023
n plans and all of an Adopting Employer’s defined benefit plans as necessary to satisfy § 415(b) and (c) (each as modified by § 415(h)), and § 415(f). (5) Top-heavy requirements. Each Qualified Pre-approved Plan must either provide that all of the additional requirements applicable to top-heavy plans (described in § 41…
IRCRegulationsMay 18, 2016
… available to some or all NHCEs on the same terms as all of the other formulas in the plan. (3) Top-heavy formulas. In the case of a plan that provides the greater of the allocations under two or more formulas, one of which is a top-heavy formula, the top-heavy formula does not fail to be available on the same terms to…
IRCRegulationsSep 23, 2019related by meaning
(h) (h) ) with respect to safe harbor compensation paid through the effective date of the amendment.
(h2)(2) (2) Supplemental notice. The supplemental notice requirement of this paragraph (h)(2) is satisfied if each eligible employee is given a notice that satisfies the requirements of § 1.401(k)-3(g)(2).
(h2)(2)(i) (i…
Notice 2024-55 — Certain Exceptions to the 10 Percent Additional Tax Under Code Section 72(t) IRCNoticesJul 8, 2024related by meaning
… plan that does not permit emergency personal expense distributions may meet the requirements for a hardship distribution if the plan permits hardship distributions. In addition, a participant who terminated service with an employer with an accrued benefit under a section 401(k) plan that does not permit emergency pers…