"This notice addresses circumstances in which an ESOP that satisfied the diversification requirements of Section 401(a)(28)(B)(i) by allowing distribution of a portion of a participant's account has become subject to the diversification requirements of Section 401(a)(35)... The relief provided by this notice allows amendment of the ESOP to eliminate all in-service distribution options previously used to satisfy the diversification requirements of Section 401(a)(28)(B)(i). The relief applies to amendments that are both adopted and put into effect under a plan by the last day of the first plan year beginning on or after January 1, 2013, or by the time the plan must be amended to satisfy Section 401(a)(35), if later."  MORE >>