Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Text of IRS Notice 2020-62: Safe Harbor Explanations -- Eligible Rollover Distributions (PDF)
Internal Revenue Service [IRS] [Official Guidance] Aug. 6, 2020 29 pages. "This notice modifies the two safe harbor explanations in Notice 2018‑74, that may be used to satisfy the requirement under Section 402(f) of the Internal Revenue 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 [SECURE Act] ... [T]his notice includes an appendix with two model safe harbor explanations: one for distributions that are not from a designated Roth account, and the other for distributions from a designated Roth account." |
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