89 FR 100138 — Taxable Income or Loss and Currency Gain or Loss With Respect to a Qualified Business Unit IRCFinal Rules (FR)Dec 11, 2024
…e taxable year of the termination under § 1.987-11(e).
(d)
Transfer of successor suspended loss QBU owner. If a successor suspended loss QBU ceases to be owned by a member of the original suspended loss QBU owner's controlled group as a result of a direct or indirect transfer, or an issuance or redemption, of an owners…
IRCProposed Rules (FR)Proposed Feb 24, 2022★ strong match
1/2
on January 1, 2014, and the employee's required beginning date was April 1, 2015.
(3)
Required beginning date for 5-percent owner
—(i)
In general. In the case of an employee who was born on or after July 1, 1949, and who is a 5-percent owner, the employee's required beginning date is April 1 of the calendar year fo…
IRCFinal Rules (FR)Jul 19, 2024★ strong match
…in determining whether paragraph (c)(1) or (2) of this section applies.
(4)
Plans providing uniform required beginning date. For purposes of this section, if the plan provides a uniform required beginning date for purposes of section 401(a)(9) for all employees in accordance with § 1.401(a)(9)-2(b)(4), then the require…
88 FR 78134 — Income and Currency Gain or Loss With Respect to a Qualified Business Unit IRCProposed Rules (FR)Proposed Nov 14, 2023
…e taxable year of the termination under § 1.987-11(e).
(d)
Transfer of successor suspended loss QBU owner. If a successor suspended loss QBU ceases to be owned by a member of the original suspended loss QBU owner's controlled group as a result of a direct or indirect transfer, or an issuance or redemption, of an owners…
83 FR 9716 — Owner-Participant Changes to Guaranteed Benefits and Asset Allocation PBGCProposed Rules (FR)Proposed Mar 7, 2018★ strong match
…29 U.S.C. 1301, 1302(b)(3).
2. In § 4001.2: a. Add in alphabetical order a definition for “majority owner”; and
b. Remove the definition of “substantial owner”.
The addition reads as follows:
§ 4001.2
Definitions.
* * * * *
Majority owner
means, with respect to a contributing sponsor of a single-employer plan, an indiv…
IRCRegulationsSep 17, 2024
(b) (b) Different rules for IRAs and qualified plans
(b)(1) (1) Determination of required beginning date
(b)(1)(i) (i) In general. An IRA owner's required beginning date is determined using the rules for employees who are 5-percent owners under § 1.401(a)(9)-2(b)(3). Thus, the IRA owner's required beginning date is Apr…
78 FR 20039 — Reportable Events and Certain Other Notification Requirements PBGCProposed Rules (FR)Proposed Apr 3, 2013★ strong match
value of any other assets distributed, determined as of the date of distribution to the substantial owner.
(2)
Date of substantial owner distribution. The date of distribution to a substantial owner of a cash distribution is the date it is received by the substantial owner. The date of distribution to a substantial own…
80 FR 54980 — Reportable Events and Certain Other Notification Requirements PBGCFinal Rules (FR)Sep 11, 2015★ strong match
value of any other assets distributed, determined as of the date of distribution to the substantial owner.
(2)
Date of substantial owner distribution. The date of distribution to a substantial owner of a cash distribution is the date it is received by the substantial owner. The date of distribution to a substantial own…
PBGCRegulationsSep 26, 2025★ strong match
…(2)(iii) (iii) The majority owner makes the election and the spouse consents during the time period beginning with the date of issuance of the first notice of intent to terminate and ending with the date of the last distribution;
(b)(2)(iv) (iv) Neither the majority owner's election nor the spouse's consent is inconsis…
IRCRegulationsSep 17, 2024related by meaning
… the case of an employee born on or after January 1, 1960, the applicable age is age 75.
(b)(3) (3) Required beginning date for 5-percent owner
(b)(3)(i) (i) In general. In the case of an employee who is a 5-percent owner, the employee's required beginning date is April 1 of the calendar year following the calendar yea…
90 FR 39320 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Aug 15, 2025related by meaning
…r of the plan sponsor, or a fiduciary of the plan for each of the 3 years immediately preceding the date of plan termination. These exceptions to the ownership rules are intended to minimize the potential misuse of option agreements and protect the benefits of participants who are not direct owners or who have not part…
IRCRegulationsJul 26, 2016
…hall be considered received by the owner-employee for purposes of this paragraph. For taxable years beginning after December 31, 1966, see section 72(m)(7) and paragraph (f) of this section for the meaning of disabled. For taxable years beginning before January 1, 1967, see section 213(g)(3) for the meaning of disabled…
90 FR 6894 — Miscellaneous Corrections, Clarifications, and Improvements PBGCProposed Rules (FR)Proposed Jan 21, 2025related by meaning
…articipated in the management of the plan sponsor for each of the 3 years immediately preceding the date of plan termination. These exceptions to the ownership rules are intended to minimize the potential misuse of option agreements and protect the benefits of participants who are not direct owners or who have not part…
Notice 2023-54 — The notice provides transition relief in connection with the change to the required beginning date of required minimum distributions (RMDs) from IRAs and emplo… IRCNoticesJul 31, 2023★ strong match
…) and (b)(3), 403(b)(10), and 457(d)(2), respectively, and the regulations under those sections.
B. Required Beginning Date Section 107 of the SECURE 2.0 Act amended § 401(a)(9) of the Code to change the required beginning date applicable to § 401(a) plans and other eligible retirement plans, including IRAs. Rather tha…
IRCPrivate Letter RulingsJun 13, 2014
… which Taxpayer receives an Owner’s election of the New
Annuity Option (i.e., the “Election Receipt Date” of the option). In the case of joint
Owners, both Owners must meet the age requirement. If the Contract has one
individual Owner or has a non-natural Owner with a single annuitant, the Owner can
add an individual a…
Rev. Proc. 2003-86 — Professional employer organizations; employee leasing; plan qualification. This procedure describes certain transitional rules that may be used by defined cont… IRCRevenue ProceduresDec 15, 2003related by meaning
d in § 416(i)(1)(B)(i)), the required beginning date is April 1 of the calendar year following the calendar year in which the employee attains age 70. (b) Options for Determining 5-Percent Ownership Status. Beginning in 2004, a Multiple Employer Retirement Plan may use either of the following two options in determining…
PBGCRegulationsJun 24, 2020
…; and
(b)(1)(iii) (iii) The fair market value of any other assets distributed, determined as of the date of distribution to the substantial owner.
(b)(2) (2) Date of substantial owner distribution. The date of distribution to a substantial owner of a cash distribution is the date it is received by the substantial owner…
167 T.C. No. 4 — Piton Holdings, LLC, David L. Hall, Partnership Representative, Petitioner(s) v. Commissioner IRCCourt RulingsJul 15, 2026related by meaning
roup , ( 5) an
undated Third Amended and Restated Operating Agreement of Piton
Holdings, LLC , and ( 6) a Professional Services Agreement between 1908 Capital PG and Natural Aggregates .
In the January 3 email Mr. Brown requested that 1908 Capital
execute the documents attached to his email and scan copies back to
him.…
IRCCourt RulingsFeb 24, 2014related by meaning
…d to
distinguish between 5% owners and non-5% owners and therefore failed to
specified properly the required distribution beginning dates. The 1994 plan
amendments stated that, for all participants, accrued benefits be distributed or
installments begin not later than April 1 following the calendar year in which the
emp…
IRCCourt RulingsOct 25, 2012related by meaning
…r plan years beginning after December 31, 1996. With respect to
"5-percent owners", SBJPA sec. 1404 required the beginning distribution date to
-12- [*12] be April 1 of the calendar year following the year in which the participant
reaches age 70½.
The 2001 plan, including amendments, did not restrict the required
distr…