"As of the effective date of the 2014 revisions to Section 1.411(b)(5)-1 (which generally apply for plan years beginning on or after January 1, 2017), cash balance plans with a single-sum distribution that is determined as the present value of the participant's accrued benefit using the actuarial assumptions specified in Section 417(e)(3) are not eligible for the safe harbor rule for plans with lump sum-based benefit formulas under Section 411(b)(5)(A) and Section 1.411(b)(5)-1(b)(1) (which applies to many cash balance plans using the safe harbor formula measure described in Section 1.411(b)(5)-1(b)(1)(i)(B)). However, these plans are generally eligible for the safe harbor rule for plans with indexed benefits under Section 411(b)(5)(E) and Section 1.411(b)(5)-1(b)(2)."

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